summary
Introduced
02/16/2023
02/16/2023
In Committee
02/16/2023
02/16/2023
Crossed Over
Passed
Dead
12/31/2024
12/31/2024
Introduced Session
193rd General Court
Bill Summary
For legislation to extend veterans retirement buyback opportunities. Public Service.
AI Summary
This bill extends veterans' retirement buyback opportunities. Specifically, it amends the first sentence of the fourth paragraph of subsection (h) of section 32 of the General Laws to change the maximum buyback period from 4 years to 10 years. Additionally, it amends the third sentence of the same paragraph to reduce the required guard or active reserve service from 5 years to 4 years. These changes allow veterans to purchase more of their prior service time to count towards their public sector retirement, providing them with greater flexibility and benefits.
Committee Categories
Labor and Employment
Sponsors (1)
Last Action
Accompanied a study order, see S2610 (on 02/08/2024)
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/193/S1626 |
| BillText | https://malegislature.gov/Bills/193/S1626.pdf |
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