Bill > H2431

This bill amends Chapter 32 of the General Laws to allow certain members of the State Police, specifically those classified in Group 3 who are veterans of the U.S. armed forces, to receive credit for their active military service towards their retirement. To qualify, these members must be at least 55 years old, have served in the department of state police for at least 15 years, and have served in the armed forces. They will be entitled to credit for their active military service, but only after making "makeup payments" into the annuity savings fund, which are calculated based on their salary when they joined the retirement system. This credit is limited to a maximum of four years of military service and cannot be for periods already credited under a different section of law. The bill also clarifies that this applies to National Guard and Active Reserve personnel, both past and present, and allows for a ratio of five years of Guard or Active Reserve service to be substituted for each year of active service credit.