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Bill > S2577


MA S2577

MA S2577
Relative to superannuation benefits for Ann Marie OKeeffe


summary

Introduced
01/04/2024
In Committee
01/25/2024
Crossed Over
Passed
Dead
12/31/2024

Introduced Session

193rd General Court

Bill Summary

For legislation relative to superannuation benefits for Ann Marie OKeeffe. Public Service.

AI Summary

This bill seeks to grant Ann Marie O'Keeffe, a professional status teacher, 33 years of credible service for her retirement through the Massachusetts Teachers Retirement System (MTRS). It requires O'Keeffe to make lump sum or installment contributions to the MTRS to qualify for the RetirementPlus benefits outlined in Chapter 32 of the Massachusetts General Laws. The bill ensures that the retirement process with RetirementPlus becomes effective on April 1, 2024, and prevents any court order or administrative hearing from delaying it or preventing O'Keeffe from qualifying for the superannuation or Teachers Alternate Retirement Program (TARP) of her pension benefit. The MTRS pension benefit will be calculated dynamically and paid to her monthly, with the initial payment due in June.

Committee Categories

Labor and Employment

Sponsors (1)

Last Action

Accompanied a study order, see S2693 (on 02/29/2024)

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/S2577
BillText https://malegislature.gov/Bills/193/S2577.pdf
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