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Bill > H2661


MA H2661

MA H2661
Relative to employee retirement contributions


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 employee retirement contributions. Public Service.

AI Summary

This bill amends the General Laws of Massachusetts by increasing the income threshold for public sector employees to contribute a higher percentage of their salary to their retirement plan. Specifically, the bill raises the income threshold from $30,000 to $50,000, meaning that public employees earning more than $50,000 per year will be required to contribute a higher percentage of their salary to their retirement plan.

Committee Categories

Labor and Employment

Sponsors (1)

Last Action

Accompanied a study order, see H5048 (on 09/16/2024)

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/H2661
BillText https://malegislature.gov/Bills/193/H2661.pdf
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