summary
Introduced
01/22/2019
01/22/2019
In Committee
01/22/2019
01/22/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
191st General Court
Bill Summary
For legislation to increase membership in the PRIM Board. Public Service.
AI Summary
This bill aims to increase the membership of the PRIM (Pension Reserves Investment Management) Board from 9 to 11 members. Specifically, it proposes to add two new members: one appointed by the executive board of the Massachusetts Association of Contributory Retirement Systems (MACRS) who shall be from a regional or county retirement board that has funds in the PRIT (Pension Reserves Investment Trust) fund, and another appointed by the MACRS executive board who shall be from a municipal retirement board that has funds in the PRIT fund. These additional members are intended to provide greater representation from the various retirement systems that participate in the PRIT fund.
Committee Categories
Labor and Employment
Sponsors (1)
Last Action
Accompanied a study order, see S2545 (on 02/18/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/191/S1551 |
| Bill | https://malegislature.gov/Bills/191/S1551.pdf |
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