MA H2559

Bill

Relative to a retirement buyback issue

Introduced
03/29/2021

In Committee
03/29/2021

Crossed Over

Passed

Dead
12/31/2022

Introduced Session

192nd General Court

Bill Summary

By Mr. Barrows of Mansfield, a petition of F. Jay Barrows that the Massachusetts Teachers' Retirement System be authorized to credit Diane Galanti with certain creditable service benefits. Public Service.

AI Summary

This bill authorizes the Massachusetts Teachers' Retirement System to credit Diane Galanti, a member of the system, with creditable service for the period of December 12, 1988 to June 30, 1999 for the purpose of determining her superannuation retirement allowance. Before receiving her retirement allowance, Diane Galanti must pay into the retirement system's annuity savings fund an amount equal to the regular deductions that would have been made from her compensation for that previous service, plus "buyback interest."

Committee Categories

Labor and Employment

Sponsors (1)

Jay Barrows (R)*,

Last Action

Accompanied a study order, see H4960 (on 07/05/2022)

Official Document

https://malegislature.gov/Bills/192/H2559

(9 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://malegislature.gov/Bills/192/H2559
Bill	https://malegislature.gov/Bills/192/H2559.pdf

Bill	Bill Name	Last Action	Type
H20	Relative to pension forfeiture	Accompanied a study order, see H4960	Similar To
H21	Establishing a special commission on retirement credit purchases	No further action taken	Similar To
H22	Relative to the interest charged on refund buybacks	No further action taken	Similar To
H2594	Relative to the Massachusetts Teachers' Retirement System	Accompanied H19	Similar To
H2620	To provide a retirement enhancement opportunity for certain members of the Massachusetts Teachers Retirement System	Accompanied a new draft, see S2783	Similar To
H4960	Public service matters	No further action taken	Replaced by
S1778	Relative to creditable service for Lisa Emma, a member of the Massachusetts Teachers' Retirement System	Bill reported favorably by committee and referred to the committee on Senate Ways and Means	Similar To
S1791	To provide a retirement enhancement opportunity for certain members of the Massachusetts Teachers Retirement System	Accompanied a new draft, see S2783	Similar To
S2783	To provide a retirement enhancement opportunity for certain members of the Massachusetts Teachers Retirement System	Bill reported favorably by committee and referred to the committee on Senate Ways and Means	Similar To

Bill > H2559

MA H2559

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (1)

Last Action

Official Document

bill text

bill summary

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