Bill Text: MA S1009 | 2009-2010 | 186th General Court | Introduced
Bill Title: For legislation relative to a retirement buy back from the Massachusetts teachers' retirement system
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2009-01-20 - Public Hearing date 11/2 at 11:00 AM in Hearing Room A1 [S1009 Detail]
Download: Massachusetts-2009-S1009-Introduced.html
The Commonwealth of Massachusetts
_______________
PRESENTED BY:
Mr. Brewer
_______________
To the
Honorable Senate and House of Representatives of the Commonwealth of
Massachusetts in General
Court assembled:
The undersigned legislators and/or citizens respectfully petition for the passage of the accompanying bill:
An Act relative to a retirement buy back from the Massachusetts teachers' retirement system.
_______________
PETITION OF:
|
Name: |
District/Address: |
|
Mr. Brewer |
Worcester, Hampden, Hampshire and Franklin |
|
Anne M. Gobi |
5th Worcester |
[SIMILAR MATTER FILED IN PREVIOUS
SESSION
SEE SENATE, NO. S01460 OF 2007-2008.]
The Commonwealth of Massachusetts
_______________
In the Year Two Thousand and Nine
_______________
An Act relative to a retirement buy back from the Massachusetts
teachers' retirement system.
Be
it enacted by the Senate and House of Representatives in General Court assembled,
and by the authority of the same, as follows:
SECTION 1. Notwithstanding chapter 32 of the General Laws, or any other general or special law to the contrary, the Massachusetts Teachers’ Retirement System shall credit Cynthia Whittington with service she rendered between 1973 and 1976 while teaching at Saint Anthony’s School in the city of Fitchburg, for the purpose of calculating a retirement allowance pursuant to said chapter 32. Eligibility for the creditable service shall be conditioned upon payment to the Massachusetts Teachers’ Retirement System of an amount equal to the contributions she would have otherwise paid into the retirement system for the period of service together with regular interest thereon. The repayment shall be made in one sum or in installments as the Massachusetts Teachers’ Retirement System shall prescribe.
