Code of Massachusetts Regulations
807 CMR - TEACHERS' RETIREMENT BOARD
Title 807 CMR 23.00 - Effective Date Of Service Purchase Interest Rate
Section 23.03 - Application Date

Universal Citation: 807 MA Code of Regs 807.23
Current through Register 1518, March 29, 2024

For purposes of 807 CMR 23.02, the "date of application" will be presumed to be the date of invoicing in cases where the member could have withdrawn his or her service purchase application and re-applied, and where doing so before the date of invoicing would have resulted in a reduction in the applicable interest rate.

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