Bill > H2889

This bill addresses the status of specific regional planning agencies within the state retirement system in Massachusetts. The bill defines a list of nine regional planning agencies, including commissions and councils of governments from various regions like Berkshire, Central Massachusetts, and Pioneer Valley. The legislation ensures that these agencies will continue to be members of the state retirement system under chapter 32 of the General Laws, despite any existing regulations that might suggest otherwise. Importantly, the bill relieves these agencies of two financial burdens: they will no longer be required to annually reimburse the state board of retirement for their pro rata share of retirement allowances or pensions, provided they contribute the required accumulated deductions and interest to their employees' annuity savings accounts. Additionally, the bill absolves these agencies of any past due contribution liabilities. This provision appears to be designed to provide financial relief and stability to regional planning agencies by simplifying their obligations to the state retirement system.

Budget and Finance, Labor and Employment

https://malegislature.gov/Bills/194/H2889