Revere Retirement Board Supplemental Regulations

Subject:

Regulation:

MEMBERSHIP:

 

 

July 11, 1990:
• Employees working at least 20 hours per week shall be eligible for membership in the retirement system.
• Employees of temporary nature found to be ineligible for membership in system upon becoming permanent employees shall have privilege of purchasing past service so allowed by board.
• Members may buy back C.E.T.A. employment;
• Any appointed board member wishing to join system will be given one (1) year’s creditable service for every five (5) years served.

CREDITABLE SERVICE:

December 16, 1997:
Any member seeking creditable service pursuant to the provisions of c. 235 of the Acts of 1994, must remit the full required payment in one lump sum on or before the last day of the thirty-sixth month following the date of the member’s receipt of a notice of eligibility from the board, on or before the date immediately preceding the effective date of the member’s retirement whichever date first occurs.

March 13, 1997:
Military
Any member seeking military service credit in accordance with the provisions of chapter 71 of the Acts of 1996 must remit the full required payment in one lump sum to the Retirement Board on or before the last day of the forty-eighth month following the date of the Board’s receipt of said member's initial application for such creditable service, or on or before the date immediately preceding the effective date of the member’s retirement, whichever date first occurs. Any member whose required payment for such military service credit exceeds $6,000.00 may petition the Board for an extension. A written request for an extension must be filed with the Board within 180 days of applicant’s receiving written notice of the amount of the required payment. Each such request will be reviewed by the Board on a case by case basis.

September 30, 1991:
For every five years worked the crossing guards will be granted one (1) year creditable service for the purpose of retirement and will not be eligible for medical benefits.

July 11, 1990:
Creditable service for part-time worker shall be prorated as it bears against full-time service

REGULAR COMPENSATION:

 

MISCELLANEOUS:

July 11, 1990:
• Name: Revere Contributory Retirement System.
• Board: Three (3) members as designated by M.G.L. c32.
• Staff: Secretary/Analyst, Clerk
• Staff Salaries: Determined by vote of board.
• Staff Benefits: Determined by vote of board.
• Staff Hiring: Determined by vote of board after interviews.
• Chairman of Board: Conducts all meetings. Disseminates information from board. Polls board members for a vote on important disclosures if deemed necessary.
• Ex-Officio Member: Administers retirement office and be available to confer with secretary on important operations of this office.
• Secretary/Analyst: Administers Office. Assign workload to staff. Maintain the rules and regulations of retirement board and M.G.L., c. 32.
• Meetings: Once a month on various dates.
• Meetings: City Solicitor or other legal counsel shall be present if deemed necessary by board.
• Two board member signatures required on all warrants.
• There shall be a six-month waiting period for permanent full-time employees to the retirement system.
• Minutes of all Board meetings must be read and approved by Board.
• Superannuation: Applicant after meeting all qualifications of c. 32, s 5 must complete proper forms, setting date-options etc. all forms must be witnessed.
• Ordinary Disability: Applicant shall present a letter stating disability and treatment from his attending physician before receiving application for ordinary disability. Qualifications require by c. 32, s. 6 must be met by applicant and proper form signed and witnessed, in accordance with P.E.R.A. regulations.
• Accidental Disability: Applicant shall present a letter stating disability and treatment from his attending physician before receiving application for accidental disability. Applicant shall sign release for all departmental doctor and hospital records. Applicant shall become available for examinations by a doctor for evaluation examinations if desired by the retirement board. Upon meeting all qualifications as required by c. 32, s. 7, applicant must sign proper form having it witnessed, in accordance with P.E.R.A. regulations.
• Employees shall be considered as full-time if they work an average of at least 28 hours per week.
• Police traffic supervisors and cafeteria workers, if eligible for membership, shall receive a full year of creditable service for each year worked.
• All make-up payments for prior service credit must be approved by the board and payment must be in full at time of make-up.