Date: | 08/02/2019 |
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Referenced Sources: | PERAC Website |
PERAC Memo #21, 2019
Date: | 08/02/2019 |
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Referenced Sources: | PERAC Website |
PERAC Memo #21, 2019
FROM: John W. Parsons, Esq., Executive Director
RE: Cost of Living Increase for Supplemental Dependent Allowance Paid to Accidental Disability Retirees and Accidental Death Survivors
DATE: August 2, 2019
Any retirement system which has accepted the supplemental dependent allowance provided for in G.L. c. 32 § 7(2)(a)(iii), or which has accepted the provisions of G.L. c. 32, § 22D (under which the supplemental dependent allowance is also deemed to have been accepted), shall pay an annual amount of $952.32 beginning July 1, 2019 for each eligible child as defined in G.L. c. 32, § 7(2)(a)(iii).
Also, any retirement system which has accepted the additional pension for dependent children provided for in G.L. c. 32, § 9(2)(d)(ii), shall pay an annual amount of $952.32 beginning July 1, 2019 for each eligible child as defined in G.L. c. 32, § 9(2)(d).
Please contact PERAC’s actuary, John Boorack, if you have any questions on this issue.
Philip Y Brown, Esq., Chairman
Auditor Suzanne M. Bump
Kathleen M. Fallon
Kate Fitzpatrick
James M. Machado
Robert B. McCarthy
Jennifer F. Sullivan