Bill
Bill > H2227
MA H2227
Authorizing the South Shore Charter School to join the State Employees Retirement System
summary
Introduced
01/22/2019
01/22/2019
In Committee
02/24/2020
02/24/2020
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
191st General Court
Bill Summary
For legislation to authorize employees of the South Shore Charter School to join the state employees retirement system. Public Service.
AI Summary
This bill authorizes employees of the South Shore Charter School to join the state employees retirement system. Specifically, the bill allows the South Shore Charter School, upon a vote of its board of directors, to accept the provisions of the state employees retirement system. This would make eligible employees of the school, who are not already part of the teachers retirement system, become members of the state employees retirement system effective January 1, 2017. The bill also grants creditable service to these employees for any prior service at the South Shore Charter School, subject to their payment of the required contributions and actuarial-assumed interest. The state employees retirement system is required to seek a favorable determination from the Internal Revenue Service to ensure this arrangement complies with the Internal Revenue Code before the creditable service provisions can take effect.
Committee Categories
Budget and Finance, Labor and Employment
Sponsors (2)
Last Action
Bill reported favorably by committee and referred to the committee on House Ways and Means (on 02/24/2020)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/191/H2227 |
| Bill | https://malegislature.gov/Bills/191/H2227.pdf |
Loading...