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HOUSE DOCKET, NO. 3457 FILED ON: 2/18/2011 HOUSE . . . . . . . . . . . . . . . No. 3374
The Commonwealth of Massachusetts _________________ PRESENTED BY: Alice Hanlon Peisch _______________ 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 increasing the retirement age. _______________ PETITION OF:
HOUSE DOCKET, NO. 3457 FILED ON: 2/18/2011 HOUSE . . . . . . . . . . . . . . . No. 3374
An Act relative to increasing the retirement age. Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows: Paragraph (a) of subsection (2)of section 5 of chapter 32 of the General Laws, as appearing in the 2008 Official Edition, is hereby amended by striking out the table and inserting in place thereof the following table:- Table showing Percentage of the Amount of Average Annual Rate of Regular Compensation to be multiplied by the Number of Years of Creditable Service. ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- PERCENT. AGE LAST BIRTHDAY AT DATE OF RETIREMENT. _______________________________________________________ Group 1. Group 2. Group 4. ------------------------------------------------------------------------------- 2.5 ............ 67or over 62 or over 57 or over 2.4 ................ 66 61 56 2.3 ................ 65 60 55 2.2 ................ 64 59 54 2.1 ................ 63 58 53 2.0 ................ 62 57 52 |
