An Act relative to retirement benefits for Thomas Chiocca
Generates a plain-language summary of the bill text and history.
| Cosponsor |
|---|
| Thomas Chiocca |
| Dennis C. Gallagher |
| Committee | Recommendation | Vote |
|---|---|---|
| J23 | Accompanied | — |
Notwithstanding any general or special law, rule or regulation to the contrary, Thomas Chiocca shall be deemed eligible for the alternative superannuation retirement benefit enacted by Section 2 of Chapter 114 of the Acts of 2000, known as Retirement Plus, so called, provided that the member pays into said retirement system an amount that is commensurate with what he would have paid under retirement plus, minus the contributions that the member has already paid into the retirement system for said period, plus regular interest; and provided further, that the Board shall then recalculate Thomas Chiocca's superannuation retirement allowance using the formula for said alternative superannuation retirement benefit, and he shall then be deemed entitled to said alternative superannuation retirement benefit retroactively to the date of his superannuation retirement.
This act shall take effect upon its passage.
SECTION 1. Notwithstanding any general or special law, rule or regulation to the contrary, Thomas Chiocca shall be deemed eligible for the alternative superannuation retirement benefit enacted by Section 2 of Chapter 114 of the Acts of 2000, known as Retirement Plus, so called, provided that the member pays into said retirement system an amount that is commensurate with what he would have paid under retirement plus, minus the contributions that the member has already paid into the retirement system for said period, plus regular interest; and provided further, that the Board shall then recalculate Thomas Chiocca's superannuation retirement allowance using the formula for said alternative superannuation retirement benefit, and he shall then be deemed entitled to said alternative superannuation retirement benefit retroactively to the date of his superannuation retirement. SECTION 2. This act shall take effect upon its passage.