PERAC Memo #28 - 2004: New Notice of Potential Benefits Pursuant to G.L. c. 32, § 4(1)(h) Form
New Notice of Potential Benefits Pursuant to G.L. c. 32, § 4(1)(h) Form
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PERAC issued a revised Notice of Potential Benefits form under G.L. c. 32, §4(1)(h), reflecting Chapter 116 of the Acts of 2004's updated definition of "veteran" for military service purchase eligibility, effective August 30, 2004. Boards must use this new form and should note that only active members in service may purchase military service credit (no retroactive application to retired or inactive members), while National Guard/reserve service purchases remain on the existing 5-to-1 year basis.
Full Text
Memorandum # 28/2004
M E M O R A N D U M TO: All Retirement Boards FROM: Joseph E. Connarton, Executive Director RE: New Notice of Potential Benefits Pursuant to G.L. c. 32, § 4(1)(h) Form
DATE: July 20, 2004
As a result of Chapter 116 of the Acts of 2004, enclosed please find a new Notice of Potential
Benefits Pursuant to G.L. c. 32, § 4(1)(h) form. This form includes the new definition of
“veteran” to be used to determine if a member is able to purchase military service credit.
Chapter 116 is effective on August 30, 2004.
Boards should keep in mind that an individual must be a member in service in order to purchase military service credit. The act does not contain any retroactive provisions for retired or inactive members. Boards are also reminded that National Guard and reserve service continues to be purchased on a five year of such service to one year of creditable service basis.
We trust the foregoing is of assistance. If you have further questions or concerns, please contact this office.