Code of Massachusetts Regulations
610 CMR - BOARD OF HIGHER EDUCATION
Title 610 CMR 11.00 - Optional Retirement Program
Section 11.15 - Election to Participate
Current through Register 1531, September 27, 2024
Election to participate in the Optional Retirement Program shall be for:
(1) Any eligible employee initially appointed on or after the effective date of the Optional Retirement Program may elect to join the Program within 90 days of the effective date of the appointment.
(2) Any eligible employee who is a member of any M.G.L. c. 32 retirement system on the effective date of the Optional Retirement Program who has less than ten years of creditable service on the Optional Retirement Program effective date, may elect to participate in the Program within 90 days after the effective date of the Program.
(3) Any employee who is a member of any M. G. L. c. 32 retirement system who has less than ten years of creditable service on the date the employee becomes eligible, can elect to participate in the Optional Retirement Program within 90 days the employee becomes eligible.
(4) Any eligible employee electing to participate in the Optional Retirement System program shall not be eligible for the State Employees' Retirement System as long as the employee remains continuously employed in any eligible position.
(5) The election shall be irrevocable for so long as the employee continues to meet the eligibility requirements.
(6) Once an employee is ineligible to participate in the Optional Retirement Program, the employee can thereafter participate in the State Employees' Retirement System.