Massachusetts H4317 allows the State Retirement Board to credit specific individuals with additional years of service for federal fire department.
Massachusetts H4317 provides that the State Retirement Board shall credit specific individuals with additional years of creditable service for their employment with the federal fire department at the Otis Air National Guard Base. Each individual's eligibility for this credit is contingent upon payment to the state employees' retirement system of an amount equivalent to what would have been withheld from their compensation for that service, plus buyback interest. The bill specifies the exact years of service for each individual and the corresponding payments required.
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