HOUSE DOCKET, NO. 1955 FILED ON: 1/17/2013 HOUSE . . . . . . . . . . . . . . . No. 2233 The Commonwealth of Massachusetts _________________ PRESENTED BY: Tackey Chan _______________ 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: An Act relative to employees of the Pension Reserves Investment Management Board. _______________ PETITION OF: Name: | District/Address: | Tackey Chan | 2nd Norfolk | Raymond McGrath | National Association of Government Employees
159 Burgin Parkway
Quincy, MA 02169 |
HOUSE DOCKET, NO. 1955 FILED ON: 1/17/2013 HOUSE . . . . . . . . . . . . . . . No. 2233 By Mr. Chan of Quincy, a petition (accompanied by bill, House, No. 2233) of Tackey Chan and Raymond McGrath for legislation to make employees of the Pension Reserves Investment Management Board ineligible for public employee retirement benefits. Public Service. |
The Commonwealth of Massachusetts
An Act relative to employees of the Pension Reserves Investment Management 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 any general or special law to the contrary, no employee, including current active employees of the Pension Reserves Investment Management Board who are part of the incentive compensation plan shall be eligible for public employee retirement benefits under Chapter 32 of the General Laws. Section 2: Any current active employee of the Pension Reserves Investment Management Board who is part of the incentive compensation plan and who has made contributions to the state pension system in accordance with Chapter 32 of the General laws shall receive a full refund of their contributions in accordance with Section 11 of Chapter 32 of the General Laws no later than 60 days from the effective date of this act. |
