By Ms. Walsh, a petition (accompanied by bill, Senate,
No. 1680) of Marian Walsh for legislation relative to the
minimum pension for certain retirees. Public Service.
|
By Ms. Walsh, a petition (accompanied by bill, Senate,
No. 1680) of Marian Walsh for legislation relative to the
minimum pension for certain retirees. 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. Section 90C1/2 of chapter 32 of the General Laws, as appearing in the 2002 Official Edition, is amended by striking out in line 6 the dollar amount “$10,000” and inserting in place thereof, the following dollar amount:- $15,000.
SECTION 2. Chapter 32 of the General Laws is amended by inserting the
following new section:-
Section 90D1/2. Any retirement system of a city, town, county, region, district, or authority may, upon the majority vote of the board of such system and by the local legislative body, increase the retirement allowance of any member of the retirement system, who has been retired under the provisions of this chapter or similar provision of earlier law on a superannuation, accidental disability or ordinary disability retirement allowance and who has completed at least 25 years of creditable service,
to an amount not to exceed $15,000; provided, however, that the retirement allowance shall not exceed the salary currently being paid for the position from which the person retired or, if the position no longer exists, a similar position. For the purposes of this section, local legislative body shall mean the city council subject to the provisions of its charter for a city system, a town meeting for a town system, the county retirement advisory council for a county system, the regional retirement advisory council of a regional system, the district members for a district system, and the governing body of an authority for an authority system.
