summary
Introduced
03/29/2021
03/29/2021
In Committee
03/29/2021
03/29/2021
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
192nd General Court
Bill Summary
For legislation to provide creditable service for certain teachers for retirement purposes. Public Service.
AI Summary
This bill aims to provide creditable service for certain teachers for retirement purposes. Specifically, it allows members of the teachers' retirement system or Boston retirement system whose employment was terminated due to a reduction in force to receive creditable service for the period of their unemployment, on a proportional basis determined by the retirement board. To receive this credit, the member must have 10 or more years of membership service and pay into the Annuity Savings Fund an amount equal to the deductions that would have been withheld had the member continued in service, plus interest. The maximum creditable service allowed under this provision is 4 years.
Committee Categories
Labor and Employment
Sponsors (1)
Last Action
Accompanied a study order, see H4960 (on 07/05/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/192/H2688 |
| Bill | https://malegislature.gov/Bills/192/H2688.pdf |
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