MA H2231

Bill

MA H2231

Relative to purchasing power protection for retiree benefits

Introduced
01/22/2019

In Committee
01/22/2019

Crossed Over

Passed

Dead
12/31/2020

Introduced Session

191st General Court

Bill Summary

For legislation to direct the Teachers’ Retirement Board to study the costs and actuarial liabilities attributable to purchasing power protection for certain benefits for retired teachers. Public Service.

AI Summary

This bill directs the Teachers' Retirement Board to analyze, study, and evaluate the costs and actuarial liabilities associated with providing 75% purchasing power protection for retired teachers. The board is also required to make recommendations on implementing this purchasing power protection incrementally and to prepare a supplemental pension funding schedule to reduce the related actuarial liability to zero by June 30, 2034. The board must file a report with its recommendations and any necessary draft legislation by December 31, 2019.

Committee Categories

Labor and Employment

Sponsors (11)

Brian Ashe (D), Viriato deMacedo (R), Dan Donahue (D), Carole Fiola (D), Carmine Gentile (D), Thomas Golden (D), Stephen Hay (D), David LeBoeuf (D), David Nangle (D), Dean Tran (R), Timothy Whelan (R),

Last Action

Accompanied a study order, see H4722 (on 05/20/2020)

Official Document

https://malegislature.gov/Bills/191/H2231

(13 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://malegislature.gov/Bills/191/H2231
Bill	https://malegislature.gov/Bills/191/H2231.pdf

Bill	Bill Name	Last Action	Type
H1151	To encourage quality reviews and reduce costs in health care	Accompanied a study order, see H5081	Similar To
H2464	Providing a tax deduction for certain heating costs	Accompanied a study order, see H5128	Similar To
H2763	To increase competition and reduce costs for constructing water treatment plants	Bill reported favorably by committee and referred to the committee on House Ways and Means	Similar To
H4722	Retirement, benefits and other public service issues	Reported, in part, by H2169	Replaced by
H750	To save recycling costs in the Commonwealth	Bill reported favorably by committee and referred to the committee on House Ways and Means	Similar To
S1295	To reduce healthcare costs by promoting non-biased prescriber education	Accompanied a new draft, see S2671	Similar To
S1988	Relative to utilities, smart meters, and ratepayers’ rights	Bill reported favorably by committee and referred to the committee on Senate Ways and Means	Similar To
S2122	Relative to life cycle costs for long term pavement solutions	Bill reported favorably by committee and referred to the committee on Senate Ways and Means	Similar To
S252	Relative to special education transportation costs	Accompanied a new draft, see S2348	Similar To
S543	Reducing health care costs through improved medication management	Accompanied a study order, see S2543	Similar To
S559	Relative to special education health care costs	Accompanied a study order, see S2543	Similar To
S599	To provide immediate relief to businesses on health care costs	Accompanied a study order, see S2543	Similar To
S687	To provide immediate relief to businesses on health care costs	Ought NOT to pass (under Joint Rule 10) and placed in the Orders of the Day for the next session	Similar To

Bill

Bill Name

Last Action

Type

H1151

To encourage quality reviews and reduce costs in health care

Accompanied a study order, see H5081

Similar To

H2464

Providing a tax deduction for certain heating costs

Accompanied a study order, see H5128

Similar To

H2763

To increase competition and reduce costs for constructing water treatment plants

Bill reported favorably by committee and referred to the committee on House Ways and Means

Similar To

H4722

Retirement, benefits and other public service issues

Reported, in part, by H2169

Replaced by

H750

To save recycling costs in the Commonwealth

Bill reported favorably by committee and referred to the committee on House Ways and Means

Similar To

S1295

To reduce healthcare costs by promoting non-biased prescriber education

Accompanied a new draft, see S2671

Similar To

S1988

Relative to utilities, smart meters, and ratepayers’ rights

Bill reported favorably by committee and referred to the committee on Senate Ways and Means

Similar To

S2122

Relative to life cycle costs for long term pavement solutions

Bill reported favorably by committee and referred to the committee on Senate Ways and Means

Similar To

S252

Relative to special education transportation costs

Accompanied a new draft, see S2348

Similar To

S543

Reducing health care costs through improved medication management

Accompanied a study order, see S2543

Similar To

S559

Relative to special education health care costs

Accompanied a study order, see S2543

Similar To

S599

To provide immediate relief to businesses on health care costs

Accompanied a study order, see S2543

Similar To

S687

To provide immediate relief to businesses on health care costs

Ought NOT to pass (under Joint Rule 10) and placed in the Orders of the Day for the next session

Similar To

Bill > H2231

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (11)

Last Action

Official Document

bill text

bill summary

bill summary

bill summary