Bill > H2910

This bill modifies the pension provisions for state police in Massachusetts by changing how retirement allowances are calculated. Specifically, the bill updates Section 26 of Chapter 32 of the General Laws to establish that state police officers can receive a retirement allowance equal to 60% of their average annual regular compensation during the 12 months preceding retirement. The bill introduces an incremental increase of one-twelfth of 3% for each full month of service beyond 20 years, up to a maximum of 75% of their regular compensation. If an officer has not completed 20 years of service by age 55, their retirement allowance will be reduced proportionally. Additionally, the bill provides that veterans (as defined in another section of law) will receive an extra yearly retirement allowance of $15 for each year of creditable service, not to exceed $300 total. This change aims to provide more structured and potentially more generous pension benefits for state police officers, taking into account their years of service and veteran status.

Labor and Employment

https://malegislature.gov/Bills/194/H2910