PERAC Memo #15 - 2019: Application for a Waiver of Education Restrictions

Application for a Waiver of Education Restrictions

View original on mass.gov

Summary

PERAC announces that Chapter 439 of the Acts of 2018, enacted January 10, 2019, amended G.L. c. 32, §20(7) to allow retirement board members to petition PERAC for a waiver of annual training credit requirements due to extenuating circumstances, provided they complete the required 18 total credits during their term. The Commission's Application for a Waiver of Education Restrictions form is enclosed and available on the PERAC website at the Compliance & Investments Forms page.

Full Text

M E M O R A N D U M

To: All Retirement Systems

From: John W. Parsons, Esq., Executive Director

Subject: Application for a Waiver of Education Restrictions

Date: April 18, 2019

On January 10, 2019, the Massachusetts Legislature enacted Chapter 439 of the Acts of 2018 which amended G.L. c. 32, § 20(7). The Act now allows a retirement board member to petition the Commission for a waiver of training restrictions due to extenuating circumstances provided that the retirement board member completes the required 18 hours of training during their term.

Enclosed is the Commission's Application for a Waiver of Education Restrictions, which a retirement member can complete and submit to the Commission if they experience extenuating circumstances during their term. For your convenience, this form can be found on our website, mass.gov/perac, on the PERAC Compliance & Investments Forms page.

If there are any questions on any aspect of this waiver, please contact the PERAC Compliance Unit.