MA S1457

Bill

MA S1457

Relative to pension fund performance and accountability

Introduced
01/23/2017

In Committee
01/23/2017

Crossed Over

Passed

Dead
12/31/2018

Introduced Session

190th General Court

Bill Summary

For legislation relative to pension fund performance and accountability. Public Service.

AI Summary

This bill amends Section 23 of Chapter 32 of the General Laws, which relates to pension fund performance and accountability. The key provisions of the bill are: 1) The PRIM (Pension Reserves Investment Management) board must approve all salary adjustments and bonus awards of the executive director; 2) Any salary increase or bonus award of the executive director must receive unanimous approval of the PRIM board; and 3) The board shall not approve a salary increase of more than 10% or a bonus award of more than 20%. This aims to increase oversight and accountability in the management of pension funds.

Committee Categories

Labor and Employment

Sponsors (3)

Ryan Fattman (R), Richard Ross (R), Bruce Tarr (R),

Last Action

Accompanied a study order, see S2491 (on 04/26/2018)

Official Document

https://malegislature.gov/Bills/190/S1457

(10 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://malegislature.gov/Bills/190/S1457
Bill	https://malegislature.gov/Bills/190/S1457.pdf

Bill	Bill Name	Last Action	Type
H1033	To prevent wage theft and promote employer accountability	Accompanied a new draft, see S2327	Similar To
H2065	To ensure charter school transparency and public accountability	Accompanied a study order, see H4716	Similar To
H331	Relative to greater transparency and accountability for out of district placement costs	Accompanied a new draft, see H4390	Similar To
H609	To improve health care cost accountability	Accompanied a study order, see H4528	Similar To
S1767	Relative to the accountability of the governor’s council	Accompanied a study order, see H4481	Similar To
S1778	Creating accountability for legislative reports	Accompanied a study order, see H4481	Similar To
S2254	Order relative to authorizing the joint committee on Tourism, Arts and Cultural Development to make an investigation and study of a certain current Senate document relative to state tourism accountability	Discharged to the committee on Senate Rules	Similar To
S2491	Order relative to authorizing the joint committee on Public Service to make an investigation and study of certain current Senate documents relative to public service matters	Discharged to the committee on Senate Rules	Replaced by
S70	To ensure accountability in the Department of Transitional Assistance	Accompanied a study order, see S2345	Similar To
S870	Establishing a commission to study judicial accountability in the commonwealth	Accompanied a study order, see S2313	Similar To

Bill

Bill Name

Last Action

Type

H1033

To prevent wage theft and promote employer accountability

Accompanied a new draft, see S2327

Similar To

H2065

To ensure charter school transparency and public accountability

Accompanied a study order, see H4716

Similar To

H331

Relative to greater transparency and accountability for out of district placement costs

Accompanied a new draft, see H4390

Similar To

H609

To improve health care cost accountability

Accompanied a study order, see H4528

Similar To

S1767

Relative to the accountability of the governor’s council

Accompanied a study order, see H4481

Similar To

S1778

Creating accountability for legislative reports

Accompanied a study order, see H4481

Similar To

S2254

Order relative to authorizing the joint committee on Tourism, Arts and Cultural Development to make an investigation and study of a certain current Senate document relative to state tourism accountability

Discharged to the committee on Senate Rules

Similar To

S2491

Order relative to authorizing the joint committee on Public Service to make an investigation and study of certain current Senate documents relative to public service matters

Discharged to the committee on Senate Rules

Replaced by

S70

To ensure accountability in the Department of Transitional Assistance

Accompanied a study order, see S2345

Similar To

S870

Establishing a commission to study judicial accountability in the commonwealth

Accompanied a study order, see S2313

Similar To

Bill > S1457

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (3)

Last Action

Official Document

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