Bill > H2827

This bill allows Jeremiah Z. Valli, who is a member of the Barnstable County Retirement System, to purchase creditable service for his military service time, despite existing laws that might otherwise prevent such a purchase. Specifically, the bill overrides previous restrictions in section 3 of chapter 71 of the acts of 1996 and other laws, enabling Valli to buy additional retirement credit for the time he served in the military. Creditable service is a term used in retirement systems that allows employees to count certain periods of time, such as military service, towards their total years of service for pension calculation purposes. By passing this bill, the Barnstable County Retirement Board will be legally authorized to permit Valli to add his military service time to his retirement service credit, which could potentially increase his future retirement benefits.

Labor and Employment

https://malegislature.gov/Bills/194/H2827