summary
Introduced
03/06/2017
03/06/2017
In Committee
08/24/2017
08/24/2017
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
190th General Court
Bill Summary
For legislation relative to creditable service for school business administrators. Public Service.
AI Summary
This bill allows school business administrators who are members of the teachers' retirement system to receive up to 3 years of creditable service for prior occupational experience required as a condition of their licensure as a school business administrator. To receive this credit, the member must have at least 10 years of membership service and must pay into the Annuity Savings Fund an amount equal to 17% of their current salary for each year of service purchased. This credit is not available if the member has already received or is eligible to receive creditable service for the same prior occupational experience under the existing Chapter 32 retirement laws.
Committee Categories
Labor and Employment
Sponsors (2)
Last Action
Accompanied a study order, see H4654 (on 06/25/2018)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/190/H3890 |
| Bill | https://malegislature.gov/Bills/190/H3890.pdf |
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