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HOUSE DOCKET, NO. 1959         FILED ON: 1/17/2013

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 2235

 

The Commonwealth of Massachusetts

_________________

PRESENTED BY:

Tackey Chan

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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 relative to certain option B and option C retirees.

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PETITION OF:

 

Name:

District/Address:

Tackey Chan

2nd Norfolk


HOUSE DOCKET, NO. 1959        FILED ON: 1/17/2013

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 2235

By Mr. Chan of Quincy, a petition (accompanied by bill, House, No. 2235) of Tackey Chan relative to retirement options for public employees.  Public Service. 

 

[SIMILAR MATTER FILED IN PREVIOUS SESSION
SEE HOUSE, NO. 689 OF 2011-2012.]


The Commonwealth of Massachusetts
 

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In the Year Two Thousand Thirteen

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An Act relative to certain option B and option C retirees.
 

              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 the provisions of any general or special law to the contrary, a member who is receiving a lesser retirement allowance in accordance with the terms of Option a as of July 1, 2000, Option b or Option C of Subdivision of Section (to be filled in by filer) of Chapter 32 of the General Laws, from a retirement system that accepts the provisions of this act, shall have his retirement allowance determined according to the table of mortality selected by the commission pursuant to Section 336 of Chapter 47 of the Acts of 2004 and whatever section governs the Option B amount. For purposes of the Act, the State Teachers' and State Employees' Retirement Systems shall be deemed to have accepted the provisions of this act

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