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House approves bill allowing some teachers to buy into Retirement Plus program
Summary
The Massachusetts House passed H.4361, a bill allowing teachers who joined the retirement system before July 1, 2001, a one-time opportunity to opt into the Retirement Plus program and pay retroactive contributions; the measure passed 158–0 and will be engrossed.
The Massachusetts House on a bipartisan voice and roll-call vote advanced H.4361, an act “relative to benefits for teachers” commonly called the Retirement Plus fix, giving teachers who joined the retirement system before July 1, 2001, a one-time opportunity to opt into the Retirement Plus program and remit what they would have paid had they been enrolled earlier.
Supporters said the bill corrects inconsistent implementation and communications from two decades ago. “This bill is an opportunity to put the final fix on administrative inconsistencies to an otherwise worthwhile retirement…
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