Bill > H4662

This bill aims to grant Charles G. Lawrence, a member of the Massachusetts Teachers' Retirement System, eligibility for the alternative superannuation retirement benefit program. The bill outlines that Lawrence must pay an amount commensurate with what he would have paid under the alternative program, minus his previous contributions, plus interest, in a lump sum or installments, as prescribed by the Massachusetts Teachers' Retirement Board. If Lawrence becomes eligible under this bill, the Board will recalculate his superannuation retirement allowance using the formula for the alternative program, and he will be deemed entitled to the alternative benefit program as of the date of his retirement.

Labor and Employment

https://malegislature.gov/Bills/193/H4662