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Bill > H4437


MA H4437

MA H4437
Correcting the membership date of a certain police officer in the town of North Reading relative to their membership in the Middlesex county retirement system


summary

Introduced
02/22/2024
In Committee
Crossed Over
05/02/2024
Passed
05/09/2024
Dead
Signed/Enacted/Adopted
05/14/2024

Introduced Session

193rd General Court

Bill Summary

Substituted by the House, on motion of Mr. Walsh of Peabody, for a bill exempting Thomas Romeo from the 75% pension and annuity limitation for police officers hired after January 1, 1988 set forth in Chapter 32, Section 7(2)(a)(ii) of the General Laws (House, No. 4164) [Local Approval Received]. February 22, 2024

AI Summary

This bill seeks to correct the membership date of a certain police officer, Thomas Romeo, in the Middlesex County retirement system. The key provisions are: 1) Thomas Romeo's annual pension will be recalculated as if his membership date was January 10, 1985, rather than the later date that would have subjected his pension to a 75% limitation; 2) Romeo's pension and annuity will not be subject to this 75% limitation; and 3) the recalculation will be retroactive to his effective retirement date of January 20, 2023. The bill was substituted for an earlier bill that would have exempted Romeo from the 75% limitation, and it will take effect upon passage.

Sponsors (3)

Last Action

Signed by the Governor, Chapter 98 of the Acts of 2024 (on 05/14/2024)

Bill Topics

Labor and Employment
  • ‐ Employee Benefits
Social Welfare
  • ‐ Retirement Issues

bill text


bill summary

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bill summary

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bill summary

Document Type Source Location Created
State Bill Page https://malegislature.gov/Bills/193/H4437 02/22/2024
BillText https://malegislature.gov/Bills/193/H4437.pdf 02/22/2024
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