SENATE DOCKET, NO. 3579        FILED ON: 12/16/2024

SENATE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No.         

 

The Commonwealth of Massachusetts

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PRESENTED BY:

Susan L. Moran

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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 authorizing Augustus Wagner to buy back three years of creditable service with the Woods Hole, Martha’s Vineyard and Nantucket Steamship Authority.

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PETITION OF:

 

Name:

District/Address:

Susan L. Moran

Plymouth and Barnstable

David T. Vieira

3rd Barnstable


SENATE DOCKET, NO. 3579        FILED ON: 12/16/2024

SENATE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No.         

By Ms. Moran, a petition (accompanied by bill) (subject to Joint Rule 12) of Susan L. Moran and David T. Vieira for legislation to authorize Augustus Wagner to buy back three years of creditable service with the Woods Hole, Martha’s Vineyard and Nantucket Steamship Authority.  Public Service.

 

The Commonwealth of Massachusetts

 

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In the One Hundred and Ninety-Third General Court
(2023-2024)

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An Act authorizing Augustus Wagner to buy back three years of creditable service with the Woods Hole, Martha’s Vineyard and Nantucket Steamship Authority.

 

Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
 

SECTION 1. Notwithstanding any general or special law, rule or regulation to the contrary, the state retirement board shall credit Augustus Wagner, an employee of the trial court of the commonwealth, with creditable service for the period of May 1, 1997 to May 1, 1994 for employment with the Woods Hole, Martha’s Vineyard and Nantucket Steamship Authority, for the purpose of determining his superannuation retirement allowance pursuant to chapter 32 of the General Laws. Before the date that any retirement allowance becomes effective, Augustus Wagner shall pay into the annuity savings fund of the state employees' retirement system in 1 sum or in installments, upon such terms and conditions as the state retirement board may prescribe, an amount equal to that which Augustus Wagner would have paid from his regular compensation for such previous service, plus buyback interest.

SECTION 2. Augustus Wagner shall have a period of 5 years from the effective of this act r to exercise the buyback option under section 1.

SECTION 3. This act shall take effect upon its passage.