Bill

Bill > S1934


MA S1934

MA S1934
To conduct a study of the Massachusetts Bay Transportation Authority retirement fund


summary

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 to conduct a study of the Massachusetts Bay Transportation Authority retirement fund. Transportation.

AI Summary

This bill calls for a special commission to conduct a comprehensive study of the Massachusetts Bay Transportation Authority (MBTA) Retirement Fund. The commission will examine whether the MBTA Retirement Fund's overall cost, funding ratio, administrative costs, and investment returns are substantially different from those of comparable mass transit systems and other Massachusetts public employee retirement plans. The commission will also explore whether the MBTA Retirement Fund could be administered by the Public Retirement Investment Management agency. The commission is required to prepare a report of its findings and recommendations within 5 months of its first meeting and submit it to the legislature.

Committee Categories

Transportation and Infrastructure

Sponsors (3)

Last Action

Accompanied a study order, see S2484 (on 04/26/2018)

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