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
Relative to authorizing the Executive Office of Health and Human Services and the Department of Early Education and Care to establish an individual retirement account program for personal care attendants. Public Service.
AI Summary
This bill authorizes the Executive Office of Health and Human Services (EOHHS) and the Department of Early Education and Care (EEC) to establish an individual retirement account program for personal care attendants and family child care providers. The program would allow eligible individuals to contribute through payroll deductions, with collective bargaining and ongoing stakeholder involvement from labor organizations. It also requires a minimum state employer contribution and matching contribution rate to the retirement accounts, and the program must be professionally managed and administered efficiently with limited or no fees for participating individuals. The bill mandates that EOHHS and EEC establish the retirement account program within one year of the bill's passage.
Committee Categories
Labor and Employment
Sponsors (3)
Last Action
Accompanied a study order, see H4518 (on 04/04/2024)
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/H2617 |
| BillText | https://malegislature.gov/Bills/193/H2617.pdf |
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