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Bill > H3604


MA H3604

MA H3604
Relative to the Massachusetts Bay Transportation Authority


summary

Introduced
03/29/2021
In Committee
01/27/2022
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

192nd General Court

Bill Summary

Relative to retirement benefits provided to Massachusetts Bay Transportation Authority employees. Transportation.

AI Summary

This bill establishes a special commission to investigate and report on the retirement benefits provided to employees of the Massachusetts Bay Transportation Authority (MBTA). The commission will analyze the feasibility of providing retirement benefits to future MBTA employees solely under Chapter 32 of the General Laws, as opposed to any other statutory or contractual plan. The commission will examine the current retirement benefits, relevant contractual provisions and laws, transition costs, impact on pension benefits, and the advisability of providing future MBTA employees with retirement benefits under Chapter 32. The commission is required to file its report with the legislature by January 1, 2022.

Committee Categories

Budget and Finance, Transportation and Infrastructure

Sponsors (1)

Last Action

No further action taken (on 01/03/2023)

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