Bill
Bill > H4338
MA H4338
Relative to regular compensation for certain retirees and active retirement system members
summary
Introduced
01/18/2022
01/18/2022
In Committee
07/26/2022
07/26/2022
Crossed Over
07/25/2022
07/25/2022
Passed
08/01/2022
08/01/2022
Dead
Signed/Enacted/Adopted
08/04/2022
08/04/2022
Introduced Session
192nd General Court
Bill Summary
Relative to regular compensation for certain retirees and active retirement system members
AI Summary
This bill aims to ensure that certain retirement allowances and payments in lieu of vacation leave are considered regular compensation for the purposes of calculating retirement benefits. Specifically, it states that retirement allowances that included payments in lieu of vacation leave shall not be reduced or changed due to the inclusion of such payments. It also declares that payments in lieu of vacation leave made to members who were in service as of May 1, 2018, and were receiving such payments prior to that date, shall be considered regular compensation, as long as they are permitted under applicable collective bargaining agreements or other employment contracts. The bill requires retirement systems to treat these payments as regular compensation and take necessary measures to implement this provision.
Committee Categories
Budget and Finance
Sponsors (2)
Other Sponsors (1)
House Committee on Ways and Means (H)
Last Action
Signed by the Governor, Chapter 147 of the Acts of 2022 (on 08/04/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/192/H4338 |
| Bill | https://malegislature.gov/Bills/192/H4338.pdf |
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