Bill
Bill > S1487
summary
Introduced
01/23/2017
01/23/2017
In Committee
01/23/2017
01/23/2017
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
190th General Court
Bill Summary
For legislation relative to the retirement options of certain educational personnel. Public Service.
AI Summary
This bill amends the retirement options for certain educational personnel in Massachusetts. It allows members of the teachers' retirement system or the State-Boston retirement system, who previously were eligible to participate in the alternative superannuation retirement benefit program, to elect to do so within 180 days of the effective date of the bill, provided they make the required retirement contributions. The bill also applies to retired or inactive members who were eligible for the program and notified their employer of their intention to participate. The new benefits provided through this election will be actuarially reduced, if necessary, to comply with the requirements of the Internal Revenue Code.
Committee Categories
Labor and Employment
Sponsors (1)
Last Action
Accompanied a study order, see S2491 (on 04/26/2018)
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/190/S1487 |
| Bill | https://malegislature.gov/Bills/190/S1487.pdf |
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