Memorandum  #24: Cost of Living Increase for Supplemental Dependent Allowance Paid to Accidental Disability Retirees and Accidental Death Survivors

Date:	07/27/2018
Referenced Sources:	PERAC Website

PERAC Memo #23, 2018

To All Retirement Boards:

M E M O R A N D U M

TO:                 All Retirement Boards

FROM:          Joseph E. Connarton, Executive Director

RE:                 Cost of Living Increase for Supplemental Dependent Allowance Paid to Accidental Disability Retirees and Accidental Death Survivors

DATE:           July 27, 2018

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 $924.60 beginning July 1, 2018 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 $924.60 beginning July 1, 2018 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.

Commission Members

Philip Y Brown, Esq., Chairman
Auditor Suzanne M. Bump
Kathleen M. Fallon
Kate Fitzpatrick
James M. Machado
Robert B. McCarthy
Jennifer F. Sullivan