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Franklin Regional Retirement Board Local Options

Options marked "Yes" have been documented by PERAC as accepted by the retirement board.
Increase in Member-Survivor Minimum Allowance ($250 to $500) Yes
10 Year Ordinary Disability Retirement Eligibility Yes
Option C Pop-Up Yes
3 Year Average Compensation for Termination Allowances No
Placing EMTs in Group 4 Town of Deerfield only
Call Firefighter Creditable Service (1) No
Call Firefighter Creditable Service (2) No
Creditable Service During Layoff for Police and Fire No
Creditable Service While on Leave Acting as a Union Representative No
Supplemental Allowance for Dependents of Accidental Disability Retirees Yes
Increasing Benefits for Surviving Children of Accidental Disability Retirees No
Disability Retirement Benefits for Veterans:  
     Section 1 Yes
     Section 2 Yes
Veteran's Buyback Yes
Increase in §101 Benefit:  
     Acts of 2010 ($9,000) Yes
     Acts of 2012 ($12,000) Yes
Non-Contributory Retiree Cost of Living Adjustment No
Retirement Board Member Compensation ($4,000) Yes
Indemnification of Retirement Board Members Yes
Remote Participation Yes
Increase COLA Base - FY 2017 $17,000 Yes

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