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Bill > H2570


MA H2570

Protecting retirees from a reduced, modified or changed retirement allowance due to the inclusion of vacation buyback as regular compensation


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 protecting retirees from a reduced, modified or changed retirement allowance due to the inclusion of vacation buyback as regular compensation. Public Service.

AI Summary

This bill aims to protect retirees from having their retirement allowance reduced, modified, or changed due to the inclusion of vacation buyback payments as part of their regular compensation. It states that vacation buyback payments on which contributions were made shall continue to be included in the definition of "regular compensation" during the term of a collective bargaining agreement or individual employment contract in effect as of May 1, 2018. However, any such payments received after June 30, 2021, will not be considered regular compensation.

Committee Categories

Labor and Employment

Sponsors (1)

Last Action

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

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