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Legislative Update

 
     ACTS of 2006
 

Chapter 55 of the Acts of 2006

                  

An Act Increasing the Accidental Death Benefit Payable to Surviving Children.

                  

Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same as follows:

                  
    

Paragraph (d) of subdivision (2) of section 9 of chapter 32 of the General Laws, as appearing in the 2004 Official Edition, is hereby amended by adding the following 2 clauses:-

(i)  In the state employees’ and teachers’ retirement systems, the additional pension shall be fixed at a rate equal to the additional pension determined by the actuary under clause (iii) of paragraph (a) of subdivision (2) of section 7 and shall be increased by an amount equal to the percentage increase of the cost-of-living increase determination made by the general court for each year under section 102.

(ii)  Any system which has adopted the supplemental dependent allowance under clause (iii) of paragraph (a) of subdivision (2) of section 7, may accept the provisions of this clause by an affirmative vote of the retirement board, ratified by the chief executive officer and legislative body as defined in paragraph (c) of subdivision (8) of section 22, and the additional pension shall be fixed at a rate equal to the additional pension determined by the actuary under said clause (iii) of said paragraph (a) of said subdivision (2) of said section 7 and shall be increased by an amount equal to the percentage increase of the cost-of-living increase determination made by the general court for each year under section 102.  Any increased benefits provided by the acceptance of this clause shall be paid from the date of acceptance and shall not be paid retroactively.  Acceptance of this clause may not be revoked.  Acceptance of this clause shall be considered to have occurred upon the filing of certification of this vote with the commission.

Approved April 6, 2006.

  
    
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