Holyoke Retirement Board Supplemental Regulations

Subject:

Regulation:

   

MEMBERSHIP:

 

 

August 23, 2010: Amember of the System who is employed on a full-time basis in the Holyoke School Department is a clerical position or as a paraprofessional who is not eligible for membership in the Mass Teachers’ Retirement System shall be credited with a full year creditable service for each academic year However, in no case should more than 12 months creditable service be granted in one calendar year If a transfer is made to a full-time position in another City department, School Department service will be prorated

For the purpose of computing partial or pro rata membership service, full-time credit shall be considered to be 260 work days at 7 hours per day, or 1820 hours per annum

Appointed Officials
Members of boards and commissions are not eligible for membership in the System unless otherwise specifically allowed under Chapter 32.

August 23, 2010: Appointed Officials: Members of boards and commissions are not eligible for membership in the System unless otherwise specifically allowed under Chapter 32.

May 29, 2007: Any Full-time employee, who is a member of the Holyoke Retirement System, is eligible to purchase previous seasonal, temporary or provisional service rendered for any governmental unit belonging to the Holyoke Retirement System.

March 11, 1986: Membership Teacher Aides: who work a minimum of Twenty (20) hours per week and are under the age of 65, shall become members of the Retirement System.

March 11, 1986: Employees that have worked under the CETA program or Teacher Aides are not
eligible for membership in the Retirement System; however, if the employee gains
employment in any other qualified position; they may buy back this other time.

March 11, 1986: Unless otherwise specified employees must work twenty (20) hours per week to be eligible for membership.

CREDITABLE SERVICE:

October 1, 2002: RETIREMENT CREDIT FOR SERVICE RENDERED AS A PART-TIME EMPLOYEE:
1. A member whose entire service is in a part-time position shall receive one year
of creditable service for each year worked, provided the member works the
number of hours required by the position.
2. A member employed on a part-time basis who becomes full- time shall receive
credit for his part-time service on a pro-rated basis as it relates to a full-time
position.
3. A member employed of a full- time basis who becomes part-time shall receive
credit for his part-time service on a pro-rated basis as it relates to a full-time
position.

July 1, 1997: Buy-Backs: Any full-time employee, who is a member of the retirement system, is eligible to purchase previous seasonal, temporary or provisional service rendered for any governmental unit belonging to the system.

REGULAR COMPENSATION:

 

MISCELLANEOUS:

August 23, 2010: Contractual Services:
Any person hired by any of the System’s governmental units on a contractual basis to provide services in a position which has not been included in its operating budget or organizational chart shall not be eligible to become a member of the System.

Contract service providers are ineligible for membership in the System.

Contract service providers are not eligible to receive creditable service for such periods in which services were provided, subsequent to establishing membership in the System.

Compensation paid for such services during such periods shall not be utilized in retirement computations.

In determining whether service is rendered as an employee or an independent contractor for the purposes of this Rule, the Board will consider various factors including, but not limited to:

  • whether services were provided for an indefinite period of time or for a specific period of time under a contract;
  • whether the service provider was eligible for employment benefits such as sick leave, vacation and health insurance;
  • whether the service provider received a W-2 form or a 1099 form;
  • whether the service provider worked during regular business hours;
  • whether services were performed at the employer’s premises;
  • whether the service provider utilized his or her own tools and equipment:
  • whether the service provider was required to submit time billings and statements of services rendered; and,
  • whether the service provider was subsequently hired as a permanent employee with retirement membership for the same work for which the employee seeks creditable service.

March 11, 1986:  Section 90C and 90D: Section 90C and 90D adjustments shall be granted as of July 1 of each year in lieu of COLA’s. Qualified retirees get whichever is greater.