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Bill > H2521


MA H2521

MA H2521
Relative to the Massachusetts Teachers' Retirement System benefit calculation


summary

Introduced
02/16/2023
In Committee
02/16/2023
Crossed Over
Passed
Dead
12/31/2024

Introduced Session

193rd General Court

Bill Summary

Relative to the Massachusetts Teachers' Retirement System benefit calculation. Public Service.

AI Summary

This bill amends the Massachusetts Teachers' Retirement System benefit calculation by modifying the first table in Section 5, Subsection 2(a) of Chapter 32 of the General Laws. The table provides the percentage used to calculate the retirement benefit based on the member's age at the time of retirement for different employee groups (Groups 1, 2, and 4). The changes update the percentages for these groups, potentially affecting the retirement benefits received by Massachusetts teachers.

Committee Categories

Labor and Employment

Sponsors (1)

Last Action

Accompanied a study order, see H4518 (on 04/04/2024)

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/H2521
BillText https://malegislature.gov/Bills/193/H2521.pdf
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