HOUSE DOCKET, NO. 4741 FILED ON: 12/15/2023
HOUSE . . . . . . . . . . . . . . . No. 4662
|
The Commonwealth of Massachusetts
_________________
PRESENTED BY:
Kip A. Diggs
_________________
To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
Court assembled:
The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:
An Act relative to creditable service for Charles G. Lawrence, a member of the Massachusetts Teachers’ Retirement System.
_______________
PETITION OF:
Name: | District/Address: | Date Added: |
Kip A. Diggs | 2nd Barnstable | 12/1/2023 |
HOUSE DOCKET, NO. 4741 FILED ON: 12/15/2023
HOUSE . . . . . . . . . . . . . . . No. 4662
By Representative Diggs of Barnstable, a petition (subject to Joint Rule 12) of Kip A. Diggs relative to creditable service for Charles G. Lawrence, a member of the Massachusetts Teachers’ Retirement System. Public Service. |
The Commonwealth of Massachusetts
_______________
In the One Hundred and Ninety-Third General Court
(2023-2024)
_______________
An Act relative to creditable service for Charles G. Lawrence, a member of the Massachusetts Teachers’ Retirement System.
Whereas, The deferred operation of this act would tend to defeat its purpose, which is to grant Charles G. Lawrence eligibility for the alternative superannuation retirement benefit program, therefore it is hereby declared to be an emergency law, necessary for the immediate preservation of the public convenience.
Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
(a) Notwithstanding any general or special law to the contrary and subject to the conditions set forth in subsection (b), Charles G. Lawrence, a member of the Massachusetts teachers’ retirement system, shall be eligible for the alternative superannuation retirement benefit program established in subdivision (4) of section 5 of chapter 32 of the General Laws.
(b) Eligibility for the alternative superannuation retirement benefit program pursuant to section (a) shall be conditioned on payment by Charles G. Lawrence into the Massachusetts teachers’ retirement system of an amount that is commensurate with what he would have paid under the alternative superannuation benefit program, minus the contributions that he already paid into the retirement system for said period, plus regular interest, in 1 lump sum or installments, as the Massachusetts teachers’ retirement board shall prescribe.
(c) If Charles G. Lawrence becomes eligible for the alternative superannuation retirement benefit program pursuant to this act, the Massachusetts teachers’ retirement board shall recalculate Charles G. Lawrence’s superannuation retirement allowance using the formula for the alternative superannuation retirement benefit program, and he shall then be deemed entitled to said alternative superannuation retirement benefit program as of the date of his superannuation retirement.