AN ACT RELATIVE TO NONPUBLIC SCHOOL DEFERRED COMPENSATION.
Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same as follows:
Section 148 of chapter 149 of the General Laws, as appearing in the 2006 Official Edition, is hereby amended by inserting after the first paragraph the following new paragraph:-
Compensation paid to public and non-public school teachers shall be deemed to be fully earned at the end of the school year, and proportionately earned during the school year; provided, however, that payment of such compensation may be deferred to the extent that equal payments may be established for a 12 month period including amounts payable in July and August subsequent to the end of the school year.
Approved January 15, 2009