Photo of Stoneham
Welcome to Stoneham, MA
Home Page
Links For Residents
Links For Businesses
General Information
Online Resources


Site  This Folder
 
Advanced Search





Chapter 19
Board of Retirement
State law reference—Retirement Systems and Pensions, G.L. c. 32.
Cross reference—Personnel generally, Ch. 10.
Section
Sec. 19-1       Membership in the Stoneham Contributory Retirement System.
Sec. 19-2.      Creditable Service for Part-Time employees.

Sec. 19-1  Membership in the Stoneham Contributory Retirement System.
Membership in the Stoneham Contributory Retirement System shall consist of all employees of the Town of Stoneham who are eligible under the Massachusetts General Laws Chapter 32 pertaining to such membership; including part-time and temporary employees when employment is definitely for a period of more than seven (7) days and who work a scheduled minimum of thirty (30) hours per week: school personnel (cafeteria workers, teacher aides, and the ten (10) month school secretaries) however, who work full time for the school year (10) months) are all given one year creditable service for each school year that they work, but excluding evening school instructors, employees of the recreational program under the park department, school employees who contract as Coaches in school sports programs.  Teachers employed during summer months and Teacher Aides, under a college co-op plan, Police Matrons, Library) Pages, Traffic Directors, Unicorn part-time temporary personnel including: (Golf Course/Arena Laborers, Rink Guards, Cashiers) part-time Cafeteria Workers, and Student Engineers under a college co-op plan; and the retirement deduction for employees who are members shall be made from the date of employment.
Sec. 19-2.  Creditable Service for Part-Time employees.
The superannuation retirement benefits of those members in the Stoneham Contributory Retirement System who only worked part-time for their entire working career, the creditable service will be calculated at full time and the three year average will be calculated at their actual salary at the part-time rate.
Editor’s Note—Sections 19-1 to 19-19 as they appeared in the prior publication of the Town Code have been omitted from this Chapter based on the Retirement Board’s deletion of those Sections and their provisions from its Regulations.  G.L. c. 32 and the Regulations of the Public Employee Retirement Administration (“PERA”) govern those areas and matters previously addressed by Sections 19-1 to 19-19.




Town of Stoneham, Massachusetts 35 Central Street, Stoneham, MA., 02180
Phone: 781.279.2600 Email webmaster@ci.stoneham.ma.us  Web Disclaimer