Bill
Bill > S1934
MA S1934
MA S1934To conduct a study of the Massachusetts Bay Transportation Authority retirement fund
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 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)
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/S1934 |
| Bill | https://malegislature.gov/Bills/190/S1934.pdf |
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