Skip to Content

Print Document Text

Download PDF



HOUSE DOCKET, NO. 19        FILED ON: 1/3/2011

HOUSE .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 19

 

 

The Commonwealth of Massachusetts

 

_______________

 

 

 

 

 

The Honorable Steven James

Clerk of the House of Representatives

State House, Room 145

Boston, Massachusetts 02133

 

January 3, 2011

 

Dear Mr. James:

 

              [Recommendation Header Text]

 

              1.)     AN ACT RELATIVE TO RETIREMENT BOARD MEMBERSHIP

 

 

                                                                                                  Sincerely,

 

                                                                                                  [Filer Name],

                                                                                                  [Filer Title]


HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 19

So much of the recommendations of the Public Employee Retirement Administration Commission (House, No. 15) as relates to retirement board membership (House, No. 19). Public Service.


The Commonwealth of Massachusetts
 

_______________

In the Year Two Thousand Eleven

_______________

 

An Act relative to retirement board membership.
 

              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.  Section 20 of Chapter 32 of the General Laws is hereby amended by adding the following paragraph:-

              (4 7/8 C) No employee, contractor, vendor or any person receiving any remuneration, financial benefit or consideration of any kind, other than a retirement benefit or the statutory stipend for serving on the retirement board, from a retirement board or from any person doing business with a retirement board shall be eligible to serve on a retirement board provided, however, that an employee of a retirement board may serve on a retirement board other than the retirement board by which he or she is employed and provided, further, that the provisions of this paragraph shall apply only to individuals who first become members of a retirement board on or after January 1, 2012.

              Section 2.  Paragraph (b) of Section 19 of Chapter 34B of the General Laws as appearing in the 2008 Official Edition, is hereby amended in line 14 by inserting the following after the word “32”:-

              provided that no employee, contractor, vendor or person receiving any remuneration, financial benefit or consideration of any kind, other than a retirement benefit or the statutory stipend for serving on the retirement board, from a retirement board or from any person doing business with a retirement board shall be eligible to serve on a retirement board provided, however, that an employee of a retirement board may serve on a retirement board other than the retirement board by which he or she is employed and provided, further, that the provisions of this paragraph shall apply only to individuals who first become members of a retirement board on or after January 1, 2012.

              Section 3.  Paragraph (a) of Section 19A of Chapter 34B of the General Laws, as inserted by Section 33 of Chapter 131 of the Acts of 2010, is hereby amended in line 2 by inserting the following after the word “32”:-

              provided that no employee, contractor, vendor or person receiving any remuneration, financial benefit or consideration of any kind, other than a retirement benefit or the statutory stipend for serving on the retirement board, from a retirement board or from any person doing business with a retirement board shall be eligible to serve on a retirement board provided, however, that an employee of a retirement board may serve on a retirement board other than the retirement board by which he or she is employed and provided, further, that the provisions of this paragraph shall apply only to individuals who first become members of a retirement board on or after January 1, 2012.
The information contained in this website is for general information purposes only. The General Court provides this information as a public service and while we endeavor to keep the data accurate and current to the best of our ability, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.