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House passes bill allowing some teachers to buy into Retirement Plus program
Summary
The Massachusetts House voted 158-0 to pass H.4361, a bill enabling certain teachers who joined the retirement system before July 1, 2001, to opt into the Retirement Plus program and make retroactive payments to obtain the benefit.
The Massachusetts House on the floor passed H.4361, an act relative to benefits for teachers commonly known as Retirement Plus, ordering the bill to be engrossed after a voice and roll-call sequence that resulted in a 158-0 tally in favor.
Supporters said the measure fixes administrative failures during the original rollout of the program and offers an opportunity for affected teachers to buy into the plan. "This bill is an opportunity to put the final fix on administrative inconsistencies to an otherwise worthwhile retirement program," said Mister Ryan of Boston, a state representative speaking in support of the bill. "This is not a giveaway."
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