Budget Amendment ID: FY2013-S4-442-R1

Redraft EPS 442

Minimum Retirement Allowance for Widows

Messrs. Donnelly, Joyce and Knapik moved that the proposed new text be amended by inserting after section 56 the following 3sections:-

 

SECTION 56A.  Section 101 of chapter 32 of the General Laws, as amended by chapter 131 of the acts of 2010, is hereby further amended by inserting after the figure “$9,000,”, in line 10, the following words:- or in a retirement system accepting the supplemental annual allowance provided in the third paragraph of this section, $12,000,.

 

SECTION 56B. The second paragraph of said section 101 of said chapter 32, as so appearing, is hereby amended by striking out the fourth sentence.

 

SECTION 56C.  Said section 101 of said chapter 32, as so appearing, is hereby further amended by adding the following paragraph:-

 

Any retirement system may accept the supplemental annual allowance, provided for by this  paragraph and fixed at the rate of $12,000, by a majority vote of the board of each such system, subject to the approval of the legislative body. Acceptance shall be deemed to have occurred upon the filing of a certification of such votes with the commission.  For purposes of this section, the state teachers’ and state employees’ retirement systems shall be deemed to have accepted this paragraph.