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Bill > S1785


MA S1785

Relative to retirement benefits for Demetrios Promousas


summary

Introduced
03/29/2021
In Committee
03/29/2021
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

192nd General Court

Bill Summary

For legislation relative to retirement benefits for Demetrios Promousas. Public Service.

AI Summary

This bill allows Demetrios Promousas to be eligible for the alternative superannuation retirement benefit known as Retirement Plus, even though he did not initially qualify. Promousas must pay into the retirement system the amount he would have paid under Retirement Plus, minus the contributions he has already made, plus interest. The retirement board will then recalculate Promousas' retirement allowance using the Retirement Plus formula and provide him with the alternative superannuation retirement benefit retroactively to the date of his original retirement.

Committee Categories

Labor and Employment

Sponsors (2)

Last Action

Accompanied a study order, see S2679 (on 02/10/2022)

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