PERAC Memo #30 - 2006: Reinstatement to Service under G.L. c. 32 § 105
Reinstatement to Service under G.L. c. 32 § 105
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PERAC Memo #30/2006 announces an updated version of the Application for Reinstatement to Service form under G.L. c. 32 §105, effective July 1, 2006 through June 30, 2007. Boards must use this revised form when counseling members interested in reinstatement, ensuring they understand the repayment obligations and five-year full-time employment requirement, and must complete the initial portion of the form before providing it to members (whose signature converts them from retiree to member-in-service status).
Full Text
Memorandum # 30/2006
M E M O R A N D U M TO: All Retirement Boards FROM: Joseph E. Connarton, Executive Director RE: Reinstatement to Service under G.L. c. 32 § 105
DATE: June 29, 2006
We have updated the PERAC form entitled Application for Reinstatement to Service from Superannuation/Termination Retirement Pursuant to G.L. c. 32 § 105 that allows members to apply for reinstatement under this section. The revised form is effective from July 1, 2006 through June 30, 2007.
Since some members must repay large amounts of money and all members must work at least five years of full time employment (though they need not necessarily earn five years of creditable service), interested individuals should carefully consider whether reinstatement is appropriate in their situations. Boards should carefully counsel interested members to assure that they are aware of the requirements and benefits of this section. Boards should complete the first portion of this form and provide it to such members. Upon signing this form, the members are transformed from retiree status to member in service status.
We trust the foregoing is of assistance. Any questions should be directed to the actuarial unit.