840 CMR 3.00: INTERNAL REVENUE CODE COMPLIANCE PROVISIONS

3.01: Internal Revenue Code Compliance Provisions

Effective as of January 1, 1989, any retirement system subject to Chapter 32 will satisfy the qualification requirements in Internal Revenue Code Section 401, as applicable, as a governmental plan within the meaning of Internal Revenue Code Section 414(d). In order to meet those requirements, the retirement system is subject to the following provisions, notwithstanding any other provision of Massachusetts law.

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