Bill

Bill > H2605


MA H2605

Relative to retirement benefits for Brian P. Costello Jr


summary

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

Introduced Session

192nd General Court

Bill Summary

Relative to retirement benefits for Brian P. Costello, Jr. Public Service.

AI Summary

This bill allows Brian P. Costello Jr. to retroactively receive the alternative superannuation retirement benefit, known as Retirement Plus, even though he did not initially enroll in the program. To receive this benefit, Costello must pay the amount he would have contributed to the retirement system, minus what he has already paid, plus interest. The board will then recalculate Costello's superannuation retirement allowance using the Retirement Plus formula and provide him with the alternative benefit retroactively to the date of his superannuation retirement.

Committee Categories

Labor and Employment

Sponsors (2)

Last Action

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

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