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| 2 | 2 | | HOUSE DOCKET, NO. 1264 FILED ON: 1/14/2025 |
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| 3 | 3 | | HOUSE . . . . . . . . . . . . . . . No. 2770 |
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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 | | Michael S. Chaisson |
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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 a retirement buyback issue. |
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| 13 | 13 | | _______________ |
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| 14 | 14 | | PETITION OF: |
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| 15 | 15 | | NAME:DISTRICT/ADDRESS :DATE ADDED:Michael S. Chaisson1st Bristol1/14/2025 1 of 1 |
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| 16 | 16 | | HOUSE DOCKET, NO. 1264 FILED ON: 1/14/2025 |
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| 17 | 17 | | HOUSE . . . . . . . . . . . . . . . No. 2770 |
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| 18 | 18 | | By Representative Chaisson of Foxborough, a petition (accompanied by bill, House, No. 2770) |
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| 19 | 19 | | of Michael S. Chaisson that the Massachusetts Teachers' Retirement System be authorized to |
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| 20 | 20 | | credit Diane Galanti with certain creditable service benefits. Public Service. |
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| 21 | 21 | | [SIMILAR MATTER FILED IN PREVIOUS SESSION |
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| 22 | 22 | | SEE HOUSE, NO. 2438 OF 2023-2024.] |
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| 23 | 23 | | The Commonwealth of Massachusetts |
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| 24 | 24 | | _______________ |
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| 25 | 25 | | In the One Hundred and Ninety-Fourth General Court |
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| 26 | 26 | | (2025-2026) |
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| 27 | 27 | | _______________ |
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| 28 | 28 | | An Act relative to a retirement buyback issue. |
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| 29 | 29 | | Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority |
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| 30 | 30 | | of the same, as follows: |
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| 31 | 31 | | 1 Notwithstanding any general or special law, rule or regulation to the contrary, the |
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| 32 | 32 | | 2Massachusetts Teachers' Retirement System shall credit Diane Galanti, a member of the |
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| 33 | 33 | | 3Massachusetts Teachers' Retirement System, with creditable service for the period of December |
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| 34 | 34 | | 412, 1988 to June 30, 1999, inclusive, for the purpose of determining her superannuation |
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| 35 | 35 | | 5retirement allowance pursuant to paragraph (a) of subdivision (2) of Section 5 of Chapter 32 of |
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| 36 | 36 | | 6the General Laws as appearing in the 2022 Official Edition. Before the date that any retirement |
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| 37 | 37 | | 7allowance becomes effective in the case of Diane Galanti, she shall pay into the annuity savings |
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| 38 | 38 | | 8fund of the retirement system in one (1) sum or installments, upon such terms and conditions as |
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| 39 | 39 | | 9the board may prescribe, an amount equal to that which would have been withheld as regular |
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| 40 | 40 | | 10deductions from her regular compensation for such previous service, plus buyback interest. |
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