SENATE DOCKET, NO. 1531 FILED ON: 1/14/2009
SENATE . . . . . . . . . . . . . . No. 1036
The Commonwealth of Massachusetts
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PRESENTED BY:
Gale D. Candaras
_______________
To the Honorable Senate and House of
Representatives of the Commonwealth of Massachusetts in General
Court assembled:
The undersigned legislators and/or citizens respectfully petition for the passage of the accompanying bill:
An Act relative to retirement benefits for Susan M. Kennedy.
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___________
PETITION OF:
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Name:
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District/Address:
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Gale D. Candaras
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First Hampden and Hampshire
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Angelo J. Puppolo, Jr.
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12th Hampden
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The Commonwealth of Massachusetts
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In the Year Two Thousand and Nine
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An Act relative
to retirement benefits for Susan M. Kennedy.
Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
SECTION 1.
Notwithstanding any general or special law, rule or regulation to the contrary
,
the Massachusetts Teachers Retirement Board is hereby authorized and directed to grant
Susan M. Kennedy
creditable service in the Teachers Retirement System upon payment into
the Annuity Savings Fund of the system, an amount equal to eleven percent of the regular compensation used to calculate
her
superannuation retirement allowance,
from February 15, 2000 to the present,
prorated on the basis of the 10 month school year.
SECTION 2. Notwithstanding any general or special law, rule or regulation to the contrary, upon the grant of said creditable
service
Susan M. Kennedy
shall be deemed eligible for the alternative superannuation retirement benefit enacted by Section
2 of Chapter 114 of the Acts of 2000, known as Retirement Plus, so called, upon
her
repaying the contributions to the Teachers Retirement System that were refunded to
her
as a result of the Board’s determination that
s
he was ineligible to participate in sa
id alternative superannuation retirement benefit; and provided further, that the Board shall then
recalculate
Susan M. Kennedy’s
superannuation retirement allowance using the formula for said alternative
superannuation retirement benefit,
and
she
shall the
n be deemed entitled to said alternative superannuation retirement benefit retroactively to the date of h
er
superannuation retirement.
SECTION 3. This act shall take effect upon its passage.
