Bill Text: MA S1009 | 2009-2010 | 186th General Court | Introduced


Bill Title: For legislation relative to a retirement buy back from the Massachusetts teachers' retirement system

Sponsorship: Partisan Bill (Democrat 1)

Status: (Introduced - Dead) 2009-01-20 - Public Hearing date 11/2 at 11:00 AM in Hearing Room A1 [S1009 Detail]

Download: Massachusetts-2009-S1009-Introduced.html

The Commonwealth of Massachusetts

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PRESENTED BY:

Mr. Brewer

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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 bill:

An Act relative to a retirement buy back from the Massachusetts teachers' retirement system.

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PETITION OF:

 

Name:

District/Address:

Mr. Brewer

Worcester, Hampden, Hampshire and Franklin

Anne M. Gobi

5th Worcester


 

[SIMILAR MATTER FILED IN PREVIOUS SESSION
SEE SENATE, NO. S01460 OF 2007-2008.]

The Commonwealth of Massachusetts

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In the Year Two Thousand and Nine

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An Act relative to a retirement buy back from the Massachusetts teachers' retirement system.



��������������� 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 chapter 32 of the General Laws, or any other general or special law to the contrary, the Massachusetts Teachers� Retirement System shall credit Cynthia Whittington with service she rendered between 1973 and 1976 while teaching at Saint Anthony�s School in the city of Fitchburg, for the purpose of calculating a retirement allowance pursuant to said chapter 32.� Eligibility for the creditable service shall be conditioned upon payment to the Massachusetts Teachers� Retirement System of an amount equal to the contributions she would have otherwise paid into the retirement system for the period of service together with regular interest thereon.� The repayment shall be made in one sum or in installments as the Massachusetts Teachers� Retirement System shall prescribe.�� �����

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