Bill

Bill > H2232


MA H2232

To provide fair and affordable public retiree benefits


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 cost of living adjustments, insurance and other benefits for certain public retirees. Public Service.

AI Summary

This bill proposes several changes to public retiree benefits in Massachusetts: 1. It increases the cost-of-living adjustment (COLA) limit for certain public retirees from $13,000 to $18,000, effective July 1, 2019. 2. From July 1, 2020 through June 30, 2025, the COLA limit will be 65% of the maximum Social Security benefit for an individual worker retiring at full retirement age. This percentage will then incrementally increase to 75%, 85%, and 95% over the following 15 years, until reaching 100% of the maximum Social Security benefit on July 1, 2037 and thereafter. 3. The bill prohibits reductions in the percentage of governmental contributions to health insurance premiums for retired employees from applying to individuals who retire before the change in contribution percentage takes effect. 4. It also caps the maximum amount of deductibles and copayments for group health insurance coverage at $2,500 for individual coverage and $5,000 for family coverage for retired public employees over 65 and not eligible for Medicare.

Committee Categories

Labor and Employment

Sponsors (28)

Last Action

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

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