840 CMR, § 3.06

Current through Register 1538, January 3, 2025
Section 3.06 - Internal Revenue Code Section 401(a)(25)

Effective as of January 1, 1985, any retirement system subject to M.G.L. c. 32 will determine the amount of any benefit that is determined on the basis of actuarial assumptions using assumptions adopted by the PERAC; such benefits will not be subject to employer discretion.

840 CMR, § 3.06

Amended by Mass Register Issue 1497, eff. 6/9/2023.