Section 11.03 - Scope and Application610 CMR 11.00 shall apply to the administration of and participation in the Board of Higher Education Optional Retirement Program including:
(1) Administration of the Optional Retirement Program shall include those provisions in 610 CMR 11.40 and subsequent sections.(2) Participation in the Optional Retirement Program shall include: (a)New Employee. Any eligible employee who is initially appointed on or after the effective date of the Optional Retirement Program may elect in writing to participate in the Optional Retirement Program within 90 days of the effective date of the appointment.(b)Incumbent Employee. 1. Any eligible employee who is a member of any retirement system established under the provisions of M.G.L. c. 32 on the effective date of the Optional Retirement Program who has less than ten years of creditable service on the effective date of the Optional Retirement Program may elect in writing within 90 days of the effective date of the Optional Retirement Program to participate in the Program.2. Any eligible employee who is a member of any retirement system established under the provisions of M.G.L. c. 32 on the effective date of the Optional Retirement Program who has less than ten years of creditable service on the date the employee becomes eligible to participate in the Optional Retirement Program may elect in writing to participate in the Optional Retirement Program within 90 days of the date the employee becomes eligible.Amended by Mass Register Issue 1320, eff. 8/26/2016.