SENATE, No. 1520

By Mr. Joyce (by request), a petition (accompanied by bill, Senate, No. 1520) of Robert Daly for legislation relative to the election of retirement options. Public Service.
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The Commonwealth of Massachusetts

Seal of the Commonwealth of Massachusetts

In the Year Two Thousand and Seven.


AN ACT RELATIVE TO THE ELECTION OF RETIREMENT OPTIONS

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. Subdivision (1) of section 12 of chapter 32 of the General Laws is hereby amended by striking out the third sentence, as appearing in the 2002 official edition, and inserting in place thereof the following sentences: - If in the year 1987, option A was marked instead of option C, prior to the hereafter established popup clause being added, the retiree shall have the option of being eligible for option C benefits.  Said benefits shall be paid retroactively and prospectively.

Said benefits shall only apply to those people who retired in 1987 as Group IV Employees.