Amendment #937 to H3800

Creditable Service

Mr. Day of Stoneham moves to amend the bill by adding the following two sections:

“SECTION XXXX. Not withstanding any general or special law to the contrary, the state board of retirement shall credit Frank A. Vallarelli, an employee of the Massachusetts Department of Transportation, with creditable service for the service he rendered for the MassHighway Right of Way Bureau, as a member of the Real Estate Review Board, for the period of October 26, 1998 to January 2, 2001, for the purpose of determining his superannuation retirement allowance pursuant to Chapter 32 of the General Laws;

SECTION XXXX.  Eligibility for this creditable service shall be conditioned upon payment by Frank A. Vallarelli to the state employees’ retirement system of an amount equal to the amount that would have been deducted under said Chapter 32, if he had received regular compensation during the applicable period at the annual rate of regular compensation that he was receiving immediately before this period, together with regular interest on that amount.  Such repayment shall be made in 1 lump sum or in installments, as the state retirement board shall prescribe, within 60 days after the effective date of this act.