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
For legislation relative to timely retirement payment. Public Service.
AI Summary
This bill amends the Massachusetts General Laws to require retirement boards to pay 90% of the estimated full monthly retirement payment if circumstances beyond the board's control prevent the calculation of the full payment by the first payment date. The bill also requires retirement boards to annually notify the House and Senate of any circumstances beyond their control that prevented the full payment calculation. The purpose of this bill is to ensure timely retirement payments for public service employees, even in cases where the full amount cannot be calculated by the initial payment date due to factors outside the board's control.
Committee Categories
Labor and Employment
Sponsors (3)
Last Action
Accompanied H2748 (on 03/21/2022)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/192/S1681 |
| Bill | https://malegislature.gov/Bills/192/S1681.pdf |
Loading...