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By Mr. Donato of Medford, petition (accompanied by bill, House, No. 2466) of Paul J. Donato for legislation to further define "regular compensation" for retirement purposes. Public Service. |
The Commonwealth of Massachusetts
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PETITION OF:
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By Mr. Donato of Medford, petition (accompanied by bill, House, No. 2466) of Paul J. Donato for legislation to further define "regular compensation" for retirement purposes. Public Service. |
The Commonwealth of Massachusetts
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PETITION OF:
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In the Year Two Thousand and Seven.
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An Act further defining regular compensation for retirement purposes. |
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 any general or special law to the contrary, paragraph 47 of
said Section 1 of General Laws Chapter 32 shall be amended by adding the following
language at the end of said paragraph, which paragraph starts with the words “Regular
compensation”:
“Regular compensation shall also mean any stipend, wages, payment, fee, or other compensation, in whatever form lawfully determined for the individual service of the employee by the employing authority from which regular deductions are taken pursuant to the provisions of Chapter 32, and payable to and received by any member of a Board, Commission, or Authority of any governmental unit or political subdivision thereof, provided said member of said Board, Commission, or Authority is also a member in good standing and otherwise entitled to a pension from any of the contributory retirement systems included in said Chapter 32, thereby allowing compensation for said stipend, wages, payment, fees, or other compensation to be credited to said member as additional compensation when added to any other compensation lawfully credited under said members annual gross earned income.”