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March 19, 2024 Clouds | 35°F
The 193rd General Court of the Commonwealth of Massachusetts

AN ACT RELATIVE TO COST OF LIVING ADJUSTMENTS.

Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:


Notwithstanding the provisions of section 103 of chapter 32 of the General Laws, a retirement board may grant a cost of living adjustment for fiscal year 1999 at any time during said fiscal year and said cost of living adjustment shall be retroactive to July 1, 1998; provided, however, that said section 103 has been accepted by the retirement board and legislative body. Except as otherwise provided herein, a cost of living adjustment calculation approved under the provisions of this act, shall be subject to the provisions of said section 103 of said chapter 32.

Approved August 20, 1998.