An Act relative to creditable service

This bill allows certain Massachusetts public employees who served in multiple retirement systems before April 2, 2012, to choose a pro-rated retirement benefit instead of their current rules. Specifically, it affects members who were not active in the system on that date and have worked in more than one retirement group. Under the new provision, these individuals can split their years of service across the different groups to calculate a retirement allowance based on the percentage of time spent in each. The exact method for calculating these pro-rated benefits will be determined by the relevant commission.