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Bill > H2164


MA H2164

Relative to option (D) beneficiaries


summary

Introduced
01/22/2019
In Committee
02/20/2020
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

191st General Court

Bill Summary

Relative to option (D) survivor allowance beneficiaries. Public Service.

AI Summary

This bill amends Section 12 of Chapter 32 of the General Laws, which relates to the "Option (D) Member Survivor Allowance." The key changes are: 1) allowing a member to nominate one or more eligible beneficiaries to receive a portion of the Option (C) allowance that the member would have received had they retired on the date of their death, and 2) providing that if multiple beneficiaries are nominated, the benefit will be calculated using the youngest beneficiary's age at the time of the member's death. The bill also specifies that upon the death of a beneficiary, payments to surviving beneficiaries shall remain unchanged.

Committee Categories

Budget and Finance, Labor and Employment

Sponsors (14)

Last Action

Bill reported favorably by committee and referred to the committee on House Ways and Means (on 02/20/2020)

bill text


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