Bill
Bill > H4901
summary
Introduced
01/08/2026
01/08/2026
In Committee
01/08/2026
01/08/2026
Crossed Over
Passed
Dead
Introduced Session
194th General Court
Bill Summary
Enabling employees on unpaid leave to purchase creditable service
AI Summary
This bill allows members of a retirement system who took unpaid leave for more than one month due to the birth or adoption of a child to purchase that time as "creditable service," which counts towards their retirement benefits. To do this, they must pay into their retirement system's annuity savings fund, either all at once or in payments, before they start receiving retirement benefits. The amount they pay will be equal to what they would have contributed through regular deductions during that leave, plus "buyback interest," which is an additional cost to account for the time value of money. This provision is limited to a maximum of two years of creditable service purchased through this method.
Committee Categories
Budget and Finance
Sponsors (0)
No sponsors listed
Other Sponsors (1)
Joint Committee on Public Service (Joint)
Last Action
Bill reported favorably by committee and referred to the committee on House Ways and Means (on 01/08/2026)
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/H4901 |
| BillText | https://malegislature.gov/Bills/194/H4901.pdf |
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