SENATE, No. 1633

By Mr. Panagiotakos, a petition (accompanied by bill, Senate, No. 1633) of Steven C. Panagiotakos, Thomas A. Golden, Jr., Kevin J. Murphy and David M. Nangle for legislation relative to certain option B and option C retirees. 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 certain Option B and Option C retirees

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 the provisions of any general or special law to the contrary, a member, who is receiving a lesser retirement allowance in accordance with the terms of Option B or Option C of Subdivision of Section (to be filled in by filer) of Chapter 32  of the General Laws, from a retirement system that accepts the provisions of this act, shall have his retirement allowance determined according to the table of mortality selected by the commission pursuant to Section 336 of Chapter 47 of the Acts of 2004 and whatever section governs the Option B amount. For purposes of this Act, the State Teachersı and State Employeesı Retirement Systems shall be deemed to have accepted the provisions of this Act.