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Bill > H2346


MA H2346

Relative to the veteran allowance for public retirees


summary

Introduced
01/22/2019
In Committee
10/24/2019
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

191st General Court

Bill Summary

Relative to the veteran allowance under the public employee retirement law. Public Service.

AI Summary

This bill amends the public employee retirement law to increase the veteran allowance for public retirees. Specifically, it allows public retirement systems to accept a provision that would provide an additional yearly allowance of $50 for each year of creditable service, up to a maximum of $1,000, for members who are veterans. It also increases the existing veteran allowance from $15 to $45 per year of creditable service, with a maximum of $900. The bill makes these changes prospective from the date of acceptance by the retirement system and does not provide any retroactive benefits.

Committee Categories

Budget and Finance, Labor and Employment

Sponsors (32)

Last Action

Bill reported favorably by committee and referred to the committee on House Ways and Means (on 10/24/2019)

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