Bill > H4925

This bill aims to preserve the practice of including annual payments in lieu of vacation as regular compensation for current retirees and active retirement system members where such benefit existed as of May 2018. Specifically, it amends Chapter 32 of the General Laws to ensure that retirement allowances for inactive members are not reduced, modified or changed due to the inclusion of such payments in lieu of vacation leave in the calculation of their retirement allowance. Additionally, it states that any payments in lieu of vacation leave made to members who were in service as of May 1, 2018 shall continue to be considered regular compensation, as long as such payments are permitted under an applicable collective bargaining agreement, individual contract or municipal plan or ordinance.