{"data":{"id":"us-ma/mass.-gen.-laws-ch.-151d-9","jurisdiction":"us-ma","citation":"Mass. Gen. Laws ch. 151D, § 9","heading":"Waiver of requirement for statutory vested benefits; procedures","body":"Section 9. In addition to the waiver provisions authorized by section eight, the board, upon the advice and recommendation of the advisory committee, created by section seventeen, may grant a waiver of the requirements of section thirteen under terms and conditions set by the board upon a showing that a pension plan or profit-sharing retirement plan would suffer undue economic hardship that would be detrimental to the interests of its participants. No waiver herein provided shall extend longer than thirty-six months after it has been granted. Upon expiration of said waiver, a proposal for the gradual incorporation of the requirements of section thirteen shall be submitted for the approval of the board. In no instance shall such a proposal for gradual incorporation require more than ten years.\nAny request for waiver shall be in writing in a form prescribed by the board. The advisory committee shall receive copies of all waiver requests. Any waiver issued by the board shall be in writing with a notice of its date of issuance. Rules and regulations issued by the board, pursuant to this section, shall be promulgated in accordance with the provisions of chapter thirty A.","path":["Part I","Title XXI","Chapter 151D"],"source_url":"https://malegislature.gov/Laws/GeneralLaws/PartI/TitleXXI/Chapter151D/Section9","current_through":"amendments passed before May 31, 2026","vintage":"","retrieved_at":"2026-09-17T05:23:34Z","sha256":"1bf7beb547dab39ce79cc2359445116b68642dcf1cc5904e89530ba6391319ec","source_id":"us-ma","stale":false,"prev":"us-ma/mass.-gen.-laws-ch.-151d-8","next":"us-ma/mass.-gen.-laws-ch.-151d-10"},"notice":"GroundRules: Original legal text. Not legal advice."}
