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Bill > H3839


MA H3839

MA H3839
Relative to dual membership in retirement systems


summary

Introduced
11/05/2015
In Committee
07/21/2016
Crossed Over
Passed
Dead
07/31/2016

Introduced Session

189th General Court

Bill Summary

Relative to dual membership in retirement systems

AI Summary

This bill amends a section of Massachusetts General Laws concerning dual membership in retirement systems, which refers to situations where an individual is a member of more than one retirement system. Specifically, it adds a condition to paragraph (e) of subdivision (2) of section 5 of chapter 32, stating that this paragraph will only apply if the total salary earned during the period of dual membership is used when calculating the member's retirement allowance. This change aims to ensure that the retirement benefits for individuals with dual membership are directly tied to the combined earnings from all their service.

Committee Categories

Budget and Finance

Sponsors (0)

No sponsors listed

Other Sponsors (1)

Joint Committee on Public Service (Joint)

Last Action

Read second and ordered to a third reading (on 07/21/2016)

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