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Bill > H2351


MA H2351

MA H2351
Relating to valuation of pension systems


summary

Introduced
01/20/2015
In Committee
01/20/2015
Crossed Over
Passed
Dead
07/31/2016

Introduced Session

189th General Court

Bill Summary

Relative to valuation of public pension systems on a calendar year basis. Public Service.

AI Summary

This bill mandates that the Prit Fund, which is a pension fund for public employees, and all other retirement systems be valued on a calendar year basis, meaning their financial health will be assessed from January 1st to December 31st each year, rather than on a different fiscal year schedule.

Committee Categories

Labor and Employment

Sponsors (1)

Last Action

Accompanied a study order, see H4367 (on 06/09/2016)

bill text


bill summary

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bill summary

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bill summary

Document Type Source Location Created
State Bill Page https://malegislature.gov/Bills/189/H2351 03/12/2015
Bill https://malegislature.gov/Bills/189/H2351.pdf 03/12/2015
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