Bill

Bill > H2272


MA H2272

Relative to certain Option B and Option C retirees


summary

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

Introduced Session

191st General Court

Bill Summary

Relative to increasing pension benefits for certain retired teachers and public employees. Public Service.

AI Summary

This bill aims to increase pension benefits for certain retired teachers and public employees who opted for reduced benefits under Option B or Option C retirement plans. The bill specifies that retired teachers from the Boston or Massachusetts Teachers Retirement System who chose Option B and retired before July 2004 will receive a $542 increase to their retirement allowance, while those who chose Option C will receive a $1,800 increase. Similarly, retired state employees or members of other retirement systems that accept the provisions of this act who chose Option B will receive a $395 increase, and those who chose Option C will receive a $1,200 increase. The bill also provides for increases to the survivor benefits of these retirees.

Committee Categories

Labor and Employment

Sponsors (6)

Last Action

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

bill text


bill summary

Loading...

bill summary

Loading...

bill summary

Loading...