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MA S1354

MA S1354
Relative to retirement buy back into the Massachusetts teachers’ retirement system


summary

Introduced
04/15/2015
In Committee
01/25/2016
Crossed Over
Passed
Dead
07/31/2016

Introduced Session

189th General Court

Bill Summary

For legislation relative to retirement buy back into the Massachusetts teachers’ retirement system. Public Service.

AI Summary

This bill authorizes the Massachusetts Teachers’ Retirement Board to grant Robin Goldberg creditable service, meaning service that counts towards her retirement benefits, for the years 1997 through 2004, during which she worked as a full-time faculty instructor at Worcester State University. This is being done despite any existing laws that might otherwise prevent it, and her eligibility for this "buy back" of service is contingent on her having been enrolled in the Optional Retirement Program during her employment at Worcester State University and having been vested, meaning she had met the minimum service requirements to be eligible for retirement benefits, in the Massachusetts State Retirement System at that time.

Committee Categories

Budget and Finance, Labor and Employment

Sponsors (2)

Last Action

Bill reported favorably by committee and referred to the committee on Senate Ways and Means (on 01/25/2016)

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