Amendment #1158 to H4000

Creditable Service for Planning Department Employees

Mr. Livingstone of Boston moves to amend the bill by adding the following section:-

Notwithstanding any other general or special law to the contrary, employees of the economic development and industrial corporation of Boston who became employed by the city of Boston on or after June 29, 2024 and before the effective date of this act with no break in service between the corporation and the city, and employees of the Boston redevelopment authority  who become employed by the city on or after the effective date of this act with no break in service in such employment , shall have a 1-time opportunity to purchase as creditable service in the Boston Retirement System prior service to such organization  rendered before the member joined the system; provided, that prior to the date any retirement allowance becomes effective, the member shall pay into the annuity savings fund of the system in 1 sum, or in installments, upon such terms and conditions as the system may prescribe, make-up payments of an amount equal to that which would have been withheld as regular deductions from the member’s regular compensation had the member been eligible for membership and been a member of the system during such previous period, together with buyback interest. Former employees of the economic development and industrial corporation shall be members in service of the system when they apply for the purchase of service credit and may request an estimate of the cost of their service purchase from the system prior to becoming an employee of the city.