By Ms. Menard, a petition (accompanied by bill, Senate,
No. 1571) of Joan M. Menard and David Holway, president,
SEIU for legislation relative to employee contributions.
Public Service. |
By Ms. Menard, a petition (accompanied by bill, Senate,
No. 1571) of Joan M. Menard and David Holway, president,
SEIU for legislation relative to employee contributions.
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. Chapter 32 of the General Laws is amended by adding the following:—
Notwithstanding any general or special laws to the contrary all municipal state employees may opt to retire with a superannuation allowance equal to fifty percent of his or her salary, fifty-five years of age and twenty-five years of service. It must be accepted by local option.
