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MA H4112

MA H4112
Relative to the retirement benefits of Dana Moore


summary

Introduced
03/03/2016
In Committee
03/17/2016
Crossed Over
Passed
Dead
07/31/2016

Introduced Session

189th General Court

Bill Summary

For legislation to authorize the Franklin Regional Retirement Board to credit Dana Moore with a combination of 2 years of age and/or service to enhance his retirement benefits. Public Service. [Local Approval Received.]

AI Summary

This bill authorizes the Franklin Regional Retirement Board to grant Dana Moore an enhanced retirement benefit by crediting him with an additional two years, which can be a combination of age and/or service, for the purpose of calculating his ordinary retirement allowance under chapter 32 of the General Laws, which governs public employee retirement in Massachusetts. This enhancement is considered to be in the public interest and requires Dana Moore to pay the Franklin Regional Retirement System an amount equivalent to the contributions he would have made for these additional years, plus any applicable interest. These additional years will also be factored into any future cost-of-living adjustments to his pension.

Committee Categories

Labor and Employment

Sponsors (1)

Last Action

Senate concurred (on 04/07/2016)

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