Bill
Bill > S1677
summary
Introduced
03/29/2021
03/29/2021
In Committee
02/14/2022
02/14/2022
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
192nd General Court
Bill Summary
For legislation relative to the cost of living adjustment for state and teacher retirees. Public Service.
AI Summary
This bill proposes to provide additional cost-of-living adjustments (COLAs) to state and teacher retirees in Massachusetts. Specifically, it would give an additional $100 COLA to retirees with at least 15 years of retirement and an annual pension less than the system average, and an additional $200 COLA to retirees with at least 20 years of retirement and an annual pension less than the system average. The bill also allows other retirement systems in the state to accept similar provisions for their members. The additional COLAs are intended to help address the rising cost of living for long-serving retirees with lower pension amounts.
Committee Categories
Budget and Finance, Labor and Employment
Sponsors (2)
Last Action
Bill reported favorably by committee and referred to the committee on Senate Ways and Means (on 02/14/2022)
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/192/S1677 |
| Bill | https://malegislature.gov/Bills/192/S1677.pdf |
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