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HOUSE DOCKET, NO. 3324 FILED ON: 1/21/2011 HOUSE . . . . . . . . . . . . . . . No. 4157
The Commonwealth of Massachusetts _________________ PRESENTED BY: Paul McMurtry _______________ 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 granting creditable service to employees of the Dedham Westwood water district. _______________ PETITION OF:
HOUSE DOCKET, NO. 3324 FILED ON: 1/21/2011 HOUSE . . . . . . . . . . . . . . . No. 4157
An Act granting creditable service to employees of the Dedham Westwood water district. 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 to the contrary, the Norfolk County Retirement Board is hereby authorized and directed to credit any employee of the Dedham-Westwood Water District for time as an employee of the district. No credit shall be allowed until the employee has paid into the system before any retirement allowance becomes effective for the member, in one sum, or in installments, upon the terms and conditions that the Norfolk County Retirement Board prescribes, makes payment of an amount equal to that which would have been withheld as regular deductions from regular compensation for such previous service, plus buyback interest. Members in service of a retirement system who make application for this creditable service shall be notified by the retirement board of their eligibility for such creditable service, and, if they are eligible, shall also be notified by the retirement board that they have the following options: (1) to purchase the service in a lump sum within 180 days of the notice, or (2) to enter into an installment agreement within 180 days of the notice to pay for the service. |
