This bill pertains to the disability pension of Christopher Taylor, a retired police officer from the Town of Saugus, who is permanently incapacitated due to injuries sustained in the line of duty. The Saugus retirement board is mandated to increase his accidental disability retirement allowance, ensuring that his annual pension matches the compensation he would have received had he continued his service until death or reaching mandatory retirement age. Additionally, the bill allows Taylor to earn up to half of his retirement allowance without incurring a refund penalty and stipulates that all pension payments will be non-taxable as permitted by law. Upon reaching mandatory retirement age, he will receive a pension equal to 80% of his last compensation.
Furthermore, the bill provides for indemnification of all medical expenses related to his injuries and mandates the immediate payment of his accumulated deductions from the annuity savings fund. In the event of his death, if he is survived by the spouse he was married to at retirement, she will receive 75% of his pension until her death. Should both Taylor and his spouse pass away before their children turn 18, the pension payments will be distributed to their surviving children, with provisions for those over 18 who are incapacitated or enrolled as full-time students.