Bill

Bill > H23


MA H23

Relative to the recovery of overearnings


summary

Introduced
01/22/2019
In Committee
02/24/2020
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

191st General Court

Bill Summary

So much of the recommendations of the Public Employee Retirement Administration Commission (House, No. 19) as relates to the recovery of overearnings. Public Service.

AI Summary

This bill amends the existing law to allow retirement boards to recover any overearnings paid to retirees. If the excess is not recovered by the appropriate treasurer or other responsible party, the retirement board may recover an amount equal to the overearnings, but not exceeding the retirement allowance paid in the year the overearnings occurred. The term "overearnings" refers to compensation that exceeds the legal limits, and this bill provides a mechanism for retirement boards to recoup those excess payments from retirees.

Committee Categories

Budget and Finance, Labor and Employment

Sponsors (0)

No sponsors listed

Last Action

Bill reported favorably by committee and referred to the committee on House Ways and Means (on 02/24/2020)

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