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Budget Summary FY2017

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Outside Section 127
Data Current as of:  8/9/2016

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Essex Regional Retirement System II

SECTION 127.   Chapter 463 of the acts of 2004 is hereby further amended by inserting after section 14 the following section:-

Section 14A. If any member municipality fails to include an amount so certified in its budget for a fiscal year, the assessors or other taxing authorities shall, notwithstanding such failure, include such amounts in the next tax levy. All amounts so certified pursuant to section 14 shall be a legal obligation of the district and may be recovered in an action of contract by the Essex Regional Retirement Board.