Bill

Bill > H2260


MA H2260

MA H2260
Relative to prompt retiree payments


summary

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

Introduced Session

191st General Court

Bill Summary

By Mr. Garballey of Arlington, a petition of Sean Garballey and Alan Silvia that the Retirement Board submit a report on the use of partial payments to reduce the amount of time between a person’s retirement and date of first payment. Public Service.

AI Summary

This bill would require the Massachusetts State Retirement Board to produce a report for the Joint Committee on Public Service on establishing a process to provide prompt partial retirement payments to recent retirees. The goal is to reduce the amount of time between a person's retirement and the date of their first full retirement payment by utilizing estimated partial payments. The report would explore ways to implement this system.

Committee Categories

Budget and Finance, Labor and Employment

Sponsors (2)

Last Action

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

bill text


bill summary

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bill summary

Document Type Source Location Created
State Bill Page https://malegislature.gov/Bills/191/H2260 02/27/2019
Bill https://malegislature.gov/Bills/191/H2260.pdf 02/27/2019
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