summary
Introduced
04/15/2015
04/15/2015
In Committee
03/31/2016
03/31/2016
Crossed Over
Passed
Dead
07/31/2016
07/31/2016
Introduced Session
189th General Court
Bill Summary
For legislation relative to the retirement allowance of Kenneth Wheeler. Public Service.
AI Summary
This bill allows Kenneth Wheeler, who is already receiving retirement benefits under Chapter 32 of the General Laws, to have his retirement allowance recalculated. This recalculation will be based on a more recent mortality table, which is a statistical tool used to estimate life expectancy, adopted in 2004. The recalculation will apply retroactively to when his allowance was first determined, and any difference owed to him will be paid in a single lump sum by the system responsible for his retirement payments. The bill also states that the state teachers' and state employees' retirement systems will be considered to have agreed to these changes.
Committee Categories
Budget and Finance, Labor and Employment
Sponsors (1)
Last Action
Bill reported favorably by committee and referred to the committee on Senate Ways and Means (on 03/31/2016)
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/189/S1365 |
| Bill | https://malegislature.gov/Bills/189/S1365.pdf |
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