Bill
Bill > H2727
MA H2727
To study the modernization of retirement systems for future state employees
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 the feasibility of replacing the defined benefit pension plan for public employees with a defined contribution plan for future employees. Public Service.
AI Summary
This bill establishes a special commission to study the feasibility of replacing the Commonwealth's defined benefit pension plan for public employees with a defined contribution plan for future employees. The commission is tasked with investigating this potential pension reform and submitting a report with its findings, recommendations, and specific legislative proposals within one year of its appointment. The commission will then dissolve upon completion of its duties.
Committee Categories
Labor and Employment
Sponsors (1)
Last Action
Accompanied a study order, see H4960 (on 07/05/2022)
Official Document
bill text
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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/H2727 |
Bill | https://malegislature.gov/Bills/192/H2727.pdf |
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