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Bill > H2749


MA H2749

Relative to the veteran allowance for public retirees


summary

Introduced
03/29/2021
In Committee
01/19/2022
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

192nd General Court

Bill Summary

Relative to the veteran allowance for public retirees. Public Service.

AI Summary

This bill amends the Massachusetts General Laws to increase the veteran allowance for public retirees. Specifically, it allows public retirement systems to adopt a provision that provides an additional yearly allowance of $50 for each year of creditable service, up to a maximum of $1,000, for members of Group 1, Group 2, or Group 4 who are veterans. The bill also increases the existing veteran allowance from $15 to $50 per year of creditable service, up to a maximum of $1,000. The provisions of the bill are prospective, meaning they apply only from the date of acceptance by the retirement system and do not provide any retroactive benefits.

Committee Categories

Budget and Finance, Labor and Employment

Sponsors (1)

Last Action

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

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