By Mr. McGee, a petition (accompanied by bill, Senate,
No. 1546) of Thomas M. McGee for legislation relative to
buy back interest rate for reinstatementof employees of a
public retirement system. Public Service. |
By Mr. McGee, a petition (accompanied by bill, Senate,
No. 1546) of Thomas M. McGee for legislation relative to
buy back interest rate for reinstatementof employees of a
public retirement system. Public Service. |
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. Clause (a) of Section 105 of chapter 32, as inserted by Section 88 of Chapter 149, is hereby amended in lines 5 and 6 by striking, the words “actuarial assumed interest thereon” and inserting in place thereof the following words:-
buyback interest, as defined in section 1,
