Amendment ID: S44-1

Amendment 1

Early Retirement Expansion

Mr. Moore moves to amend the bill in section 3, by striking out subsections (b) and (c) and inserting the following two subsections:-

(b) To be considered eligible by the state board of retirement for any of the benefit options under the retirement incentive program, an employee shall: (i) be a member in service of the state employees’ retirement system pursuant to clause (i) of paragraph (a) of subdivision (1) of section 3 of chapter 32 of the General Laws as of the effective date of this act; (ii) be classified in Group 1 or Group 2 of the state employees’ retirement system pursuant to paragraph (g) of subdivision (2) of said section 3 of said chapter 32 as of the effective date of this act; (iii) be eligible to receive a superannuation retirement allowance in the absence of the retirement incentive program pursuant to subdivision (1) of section 5 of said chapter 32 or subdivision (1) of section 10 of said chapter 32 as of the effective date of this act; and (iv) file a timely application with the board pursuant to said section 4.

(c) Notwithstanding subsections (a) and (b), the following employees shall not be eligible to receive any benefit from the retirement incentive program: (i) elected officials; (ii) employees who are eligible for the retirement incentive program established pursuant to section 40 of chapter 79 of the acts of 2014; and (iii) employees or members of the state employees’ retirement system who, as of the effective date of this act, are not contributing to the retirement system pursuant to section 90G3/4 of chapter 32 of the General Laws or have not completed reinstatement pursuant to section 105 of said chapter 32.