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.
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