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| 2 | 2 | | SENATE DOCKET, NO. 1049 FILED ON: 1/18/2023 |
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| 3 | 3 | | SENATE . . . . . . . . . . . . . . No. 1702 |
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| 4 | 4 | | The Commonwealth of Massachusetts |
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| 5 | 5 | | _________________ |
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| 6 | 6 | | PRESENTED BY: |
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| 7 | 7 | | Liz Miranda |
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| 8 | 8 | | _________________ |
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| 9 | 9 | | To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General |
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| 10 | 10 | | Court assembled: |
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| 11 | 11 | | The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill: |
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| 12 | 12 | | An Act relative to teacher retirement election. |
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| 13 | 13 | | _______________ |
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| 14 | 14 | | PETITION OF: |
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| 15 | 15 | | NAME:DISTRICT/ADDRESS :Liz MirandaSecond SuffolkNick CollinsFirst Suffolk1/24/2023Samantha Montaño15th Suffolk2/7/2023Michael D. BradySecond Plymouth and Norfolk2/7/2023Lydia EdwardsThird Suffolk2/8/2023Patrick M. O'ConnorFirst Plymouth and Norfolk2/8/2023John F. KeenanNorfolk and Plymouth2/8/2023Thomas M. Stanley9th Middlesex2/13/2023James B. EldridgeMiddlesex and Worcester2/21/2023Jacob R. OliveiraHampden, Hampshire and Worcester3/8/2023 1 of 2 |
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| 16 | 16 | | SENATE DOCKET, NO. 1049 FILED ON: 1/18/2023 |
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| 17 | 17 | | SENATE . . . . . . . . . . . . . . No. 1702 |
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| 18 | 18 | | By Ms. Miranda, a petition (accompanied by bill, Senate, No. 1702) of Liz Miranda, Nick |
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| 19 | 19 | | Collins, Samantha Montaño, Michael D. Brady and other members of the General Court for |
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| 20 | 20 | | legislation relative to teacher retirement election. Public Service. |
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| 21 | 21 | | The Commonwealth of Massachusetts |
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| 22 | 22 | | _______________ |
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| 23 | 23 | | In the One Hundred and Ninety-Third General Court |
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| 24 | 24 | | (2023-2024) |
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| 25 | 25 | | _______________ |
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| 26 | 26 | | An Act relative to teacher retirement election. |
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| 27 | 27 | | Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority |
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| 28 | 28 | | of the same, as follows: |
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| 29 | 29 | | 1 (a) Notwithstanding the provisions of any general or special law to the contrary, any |
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| 30 | 30 | | 2member of the teachers retirement system or any teacher who is a member of the Boston |
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| 31 | 31 | | 3retirement system, who (i) became eligible for membership before July 1, 2001, (ii) began |
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| 32 | 32 | | 4contributing to either the teachers’ retirement system or the Boston retirement system on or |
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| 33 | 33 | | 5before July 1, 2001 (iii) did not provide a written election to such retirement system to |
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| 34 | 34 | | 6participate in the alternative superannuation retirement benefit program established in paragraph |
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| 35 | 35 | | 7(i) of subdivision (4) of Section 5 of Chapter 32 of the General Laws as appearing in the 2022 |
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| 36 | 36 | | 8Official Edition, shall have a new 1 time opportunity to elect to participate in the alternative |
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| 37 | 37 | | 9superannuation retirement benefit program. |
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| 38 | 38 | | 10 (b) A qualifying member shall make the election provided under subsection (a) on or |
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| 39 | 39 | | 11after July 1, 2023, but not later than December 31, 2023; provided, however, that a member |
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| 40 | 40 | | 12entitled to make an election under this section who applies for retirement prior to the foregoing 2 of 2 |
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| 41 | 41 | | 13election period shall be given a 1-time opportunity to participate in the alternative |
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| 42 | 42 | | 14superannuation retirement benefit program prior to retirement. |
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| 43 | 43 | | 15 (c) A member who participates in the alternative superannuation retirement benefit |
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| 44 | 44 | | 16program under this section shall make contributions at the rate of 11 per cent pursuant to section |
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| 45 | 45 | | 1722 of chapter 32 of the General Laws and may be required to provide make-up contributions at |
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| 46 | 46 | | 18the rate of 11 per cent, upon such terms and conditions as the relevant retirement system may |
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| 47 | 47 | | 19require, from the date that such member established membership in the teachers’ retirement |
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| 48 | 48 | | 20system or the Boston retirement system. |
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