Budget Amendment ID: FY2020-S3-35

OTH 35

Norfolk County Retirement Board Real Property Acquisition

Messrs. Keenan and O'Connor moved that the proposed new text be amended by inserting at the end thereof the following new section:-

SECTION X. The Norfolk county retirement board may, in accordance with guidelines established by the public employee retirement administration commission, and in accordance with chapter 30B of the general laws, purchase an appropriate real property located within Norfolk county to use for the administrative office of the Norfolk county retirement system and may purchase or lease equipment and employ any personnel as necessary for the proper administration and transaction of the business of the retirement system.