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HOUSE DOCKET, NO. 1169 FILED ON: 1/20/2011 HOUSE . . . . . . . . . . . . . . . No. 1607
The Commonwealth of Massachusetts _________________ PRESENTED BY: Jonathan Hecht _______________ To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General The undersigned legislators and/or citizens respectfully petition for the passage of the accompanying: An Act relative to the Massachusetts Teachers' Retirement Board.. _______________ PETITION OF:
HOUSE DOCKET, NO. 1169 FILED ON: 1/20/2011 HOUSE . . . . . . . . . . . . . . . No. 1607
[SIMILAR MATTER FILED IN PREVIOUS SESSION
An Act relative to the Massachusetts Teachers' Retirement Board.. 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 the provisions of any general or special law or rule or regulation to the contrary the Massachusetts teachers’ retirement board is hereby authorized and directed to grant Ms. Jeanne Wilson creditable service for the period of time during which she served as a teacher in an overseas school during the school years’ 1977 through 1984; provided, however, that she shall pay into the Annuity Savings Fund, in one sum or in installments, as the board shall determine, an amount equal to the regular deductions which would have been deducted for said period together with regular interest thereon. In the event that Ms. Jeanne Wilson shall retire before the completion of said payments, she shall, in addition to her actual membership service, be entitled to credit for the portion of creditable service which the total of her actual payments, together with regular interest thereon to the date such retirement becomes effective, bears to the total amount of what her payment, together with regular interest thereon, would have been had she made a payment in one sum on the effective date of her retirement. |
