807 CMR, § 6.03

Current through Register 1533, October 25, 2024
Section 6.03 - Early Retirement Incentives
(1) The term early retirement incentive shall include but not be limited to the following and shall not be considered as regular compensation:
(a) Any amounts termed a longevity which are paid as a result of the employer having knowledge of the member's retirement;
(b) Any amounts paid as a retroactive increase in salary provided in an annual contract that has been renegotiated as a result of the employer having knowledge of the member's retirement;
(c) Any amounts paid as salary which in prior years were paid as a reimbursement or an allowance for the necessary costs of employment as a result of the employer having knowledge of the member's retirement;
(d) Any amounts paid as salary for additional duties which do not become a permanent component of the job description as a result of the employer having knowledge of the member's retirement.

807 CMR, § 6.03

Amended by Mass Register Issue 1315, eff. 6/17/2016.