Governor Charles D. Baker's Budget Recommendation - House 1 Fiscal Year 2018

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Outside Section 25



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Service Credit Reimbursements 2

SECTION 25. Section 7 of said chapter 32 , as appearing in the 2014 Official Edition, is hereby amended by inserting in line 224, after the word, "unit," the following words:- ; provided that if the commonwealth is the first governmental unit, any payments received shall be credited to the General Fund.



Summary:
This section, with the two surrounding sections, changes the current law to conform to the recent practice of transferring to the General Fund, rather than to the Pension Liability Fund, reimbursements from other governmental bodies to cover their pro rata share of former employees who ended their public service with the Commonwealth, but also served in at least one other governmental body.



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