summary
Introduced
02/27/2025
02/27/2025
In Committee
07/14/2025
07/14/2025
Crossed Over
Passed
Dead
Introduced Session
194th General Court
Bill Summary
By Ms. Jehlen, a petition of Patricia D. Jehlen that the Office of the State Treasurer be authorized to establish a curriculum to support seniors’ financial literacy. Elder Affairs.
AI Summary
This bill authorizes the Massachusetts State Treasurer's office to develop and maintain a model curriculum focused on improving financial literacy and stability for seniors. The curriculum will be created in collaboration with key organizations including the Executive Office of Elder Affairs, the Massachusetts Councils on Aging, and AARP Massachusetts. The bill requires that the curriculum be periodically reviewed and updated to ensure its ongoing relevance and effectiveness in helping older residents better understand financial management, potentially covering topics such as retirement planning, investment strategies, fraud prevention, and managing fixed incomes. By developing this educational resource, the bill aims to support the financial well-being of senior citizens in the state by providing them with important knowledge and tools to make informed financial decisions.
Committee Categories
Budget and Finance, Health and Social Services
Sponsors (1)
Last Action
Bill reported favorably by committee and referred to the committee on Senate Ways and Means (on 07/14/2025)
Official Document
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/194/S471 |
| BillText | https://malegislature.gov/Bills/194/S471.pdf |
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