Bill > H4250

This bill establishes a task force to review and provide recommendations on promoting retirement financial security for Massachusetts residents. The task force will be chaired by the State Treasurer and include representatives from the revenue department and stakeholders from the employer and retirement savings industries. The task force's key areas of investigation include: (1) the feasibility and cost of a state-run retirement savings program, (2) benefits to employers of offering retirement programs, (3) ways to reduce administrative and cost burdens for employers, (4) potential methods to enforce retirement program access requirements, and (5) any additional topics recommended by the Treasurer. The Treasurer is required to publicly post a report of the task force's findings on their website by July 1, 2026. Additionally, the bill modifies existing law regarding death records, specifically addressing the handling of Social Security numbers on such records. The proposed changes aim to balance privacy concerns by keeping Social Security numbers confidential on death certificates, but still allowing access to authorized requestors like next of kin or estate executors, with an implementation timeline of 12 months to allow the Department of Public Health to prepare for these changes.

https://malegislature.gov/Bills/194/H4250