Bill
Bill > S2798
summary
Introduced
07/02/2020
07/02/2020
In Committee
07/02/2020
07/02/2020
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
191st General Court
Bill Summary
For legislation relative to the cost of living adjustment for state and teacher retirees, reports the accompanying bill (Senate, No. 2798 ).
AI Summary
This bill proposes to provide additional cost-of-living adjustments (COLAs) for state and teacher retirees in Massachusetts. Specifically, it would grant a $100 additional benefit to retirees with at least 15 years of retirement and a $200 additional benefit to retirees with at least 20 years of retirement, if their total annual retirement benefit is less than the average annual retirement benefit determined by the most recent actuarial valuation. The bill also allows other retirement systems in the state to adopt similar provisions upon acceptance by the system's board and legislative body. The additional benefits would apply to both retirees and eligible surviving beneficiaries.
Committee Categories
Budget and Finance
Sponsors (25)
Michael Brady (D),
Dan Cahill (D),
Tackey Chan (D),
Jo Comerford (D),
Brendan Crighton (D),
Paul Feeney (D),
Michael Finn (D),
Colleen Garry (D),
Anne Gobi (D),
Carlos González (D),
Natalie Higgins (D),
Jack Lewis (D),
Joe McGonagle (D),
Frank Moran (D),
Matt Muratore (R),
Brian Murray (D),
Harold Naughton (D),
Patrick O'Connor (R),
Dave Robertson (D),
Mike Soter (R),
Tom Stanley (D),
Bruce Tarr (R),
Paul Tucker (D),
Steve Ultrino (D),
Bud Williams (D),
Other Sponsors (1)
Joint Committee on Public Service (J)
Last Action
Bill reported favorably by committee and referred to the committee on Senate Ways and Means (on 07/02/2020)
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/S2798 |
| Bill | https://malegislature.gov/Bills/191/S2798.pdf |
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