SENATE DOCKET, NO. 1947 FILED ON: 1/14/2009
SENATE . . . . . . . . . . . . . . No. 1092
The Commonwealth of Massachusetts
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PRESENTED BY:
Brian A. Joyce
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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 to authorize creditable service for certain public higher education facul
ty and professional employees.
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PETITION OF:
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Name:
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District/Address:
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Brian A. Joyce
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Norfolk, Bristol and Plymouth
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[SIMILAR MATTER FILED IN PREVIOUS SESSION
SEE SENATE, NO. S01523 OF 2007-2008.]
The Commonwealth of Massachusetts
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In the Year Two Thousand and Nine
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An Act to authorize creditable service for certain public higher education faculty and professional employees.
Be it enacted by the Senate and House of Representatives in General Cour
t assembled, and by the authority of the same, as follows:
SECTION 1.
Subdivision (1) of section 4 of Chapter 32 of the General Laws, as appearing in the 2002 Official Edition, is hereby amended by inserting after paragraph (q) the following paragraph: --
(r) Any faculty member or professional employee of any public institution of higher education who is a member of the state employees retirement system and who has received or receives a leave or leaves of absence without pay approved by the employing inst
itution to accept a prestigious award, fellowship, scholarship or other special assignment opportunity that benefits both the individual and the employing institution of public higher education, may, before any retirement becomes effective, establish up to
two years of such service as creditable service for the purpose of determining his retirement allowance pursuant to the provisions of paragraph (a) of subdivision (2) of section 5 of Chapter 32.
Eligibility for said creditable service shall be conditione
d upon payment into the annuity savings fund of the state employees retirement
system of an amount equal to the contributions he would have otherwise paid into the retirement system for said period or periods of service based upon the salary he was receivi
ng prior to the commencement of his leave or leaves of absence together with regular interest thereon.
Such payment shall be made in one sum or installments as the state board of retirement shall prescribe.
