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Can I lose my rights to
receive my retirement benefits due to misappropriation
of funds?
- Misappropriation of Funds
You will forfeit your retirement allowance
if your retirement board, after a hearing,
finds that you have misappropriated funds
or property of the governmental unit by which
you are or were employed. Your right and your
beneficiarys right to receive monthly
benefits, or simply a refund of your accumulated
deductions, is forfeited to the extent of
the amount so misappropriated and to the extent
of the costs of investigation, if any, as
found by the board.
Is there a circumstance
that will result in the permanent loss of my
pension and annuity?
- Permanent Loss of Pension
and Annuity
In no event shall any member, after final
conviction of an offense set forth in section
two of Chapter 268A of the General Laws, pertaining
to corruption in official conduct or section
25 of Chapter 265 of the General Laws pertaining
to police or licensing duties, be entitled
to receive a retirement allowance or a return
of his/her accumulated total deductions, nor
shall any beneficiary be entitled to receive
any benefits under such provisions on account
of such member.
Could professional misconduct
result in the permanent loss of my pension?
- Professional Misconduct
A member, after a final conviction of a criminal
offense committed on or after January 12,
1988, involving violation of the laws applicable
to his/her office or position, is not entitled
to receive a pension benefit, nor is any beneficiary.
Unless otherwise prohibited by law, accumulated
total deductions (without interest) are returned
to the member or his/her beneficiary.
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