Bill > H27

This bill proposes changes to existing law regarding retirement benefits for public employees in Massachusetts. Specifically, it allows a retirement board, which manages retirement funds, to use a member's accumulated retirement deductions and any interest earned on them to reimburse an employer if the member is convicted of a felony or misdemeanor for criminally taking or misusing the employer's funds or property. The bill also permits a retirement board to temporarily withhold any payments, refunds, or rollovers of a member's retirement funds if the member is charged with such crimes, and to continue withholding these until the criminal charges are finally resolved. This provision aims to address situations where public employees might be accused of financial misconduct against their government employers.