Bill
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
03/29/2021
In Committee
03/29/2021
03/29/2021
Crossed Over
Passed
Dead
12/31/2022
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)
Official Document
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bill summary
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bill summary
Document Type | Source Location |
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State Bill Page | https://malegislature.gov/Bills/192/H2570 |
Bill | https://malegislature.gov/Bills/192/H2570.pdf |
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