summary
Introduced
07/28/2022
07/28/2022
In Committee
01/03/2023
01/03/2023
Crossed Over
01/03/2023
01/03/2023
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
192nd General Court
Bill Summary
Relative to veterans’ buyback
AI Summary
This bill amends the Massachusetts General Laws to provide veterans who are members of a retirement system with a one-time opportunity to purchase creditable service for their military service. The key provisions include: (1) requiring retirement boards to provide written notice to veterans upon entry into service that they are eligible for this buyback; (2) allowing veterans to make the purchase prior to or within one year of vesting in the retirement system; and (3) giving veterans who previously missed the 180-day window a one-year period from the effective date of the bill to apply for the buyback. The purpose of these changes is to make it easier for veterans to receive credit for their military service when calculating their public retirement benefits.
Committee Categories
Budget and Finance
Sponsors (0)
No sponsors listed
Other Sponsors (1)
House Committee on Ways and Means (H)
Last Action
No further action taken (on 01/03/2023)
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/H5051 |
| Bill | https://malegislature.gov/Bills/192/H5051.pdf |
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