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Bill > H2484


MA H2484

MA H2484
Relative to retirement benefits for Brian P. Costello Jr


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 retirement benefits for Brian P. Costello, Jr. Public Service.

AI Summary

This bill allows Brian P. Costello Jr. to be eligible for the alternative superannuation retirement benefit, known as Retirement Plus, retroactively to the date of his retirement. To receive this benefit, Costello must pay an amount commensurate with what he would have paid under Retirement Plus, minus the contributions he has already made, plus interest. The retirement board will then recalculate Costello's superannuation retirement allowance using the Retirement Plus formula, and he will be entitled to the alternative superannuation retirement benefit retroactively.

Committee Categories

Labor and Employment

Sponsors (2)

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/H2484
BillText https://malegislature.gov/Bills/193/H2484.pdf
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