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Bill > H1387


MA H1387

MA H1387
Relative to retirement plans


summary

Introduced
01/23/2017
In Committee
01/23/2017
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

190th General Court

Bill Summary

Relative to employee retirement choices. Public Service.

AI Summary

This bill prohibits employers from forcing employees to participate in an OBRA (Omnibus Budget Reconciliation Act) plan instead of the Social Security program. OBRA plans are an alternative retirement system for certain public sector employees who are not eligible for Social Security. The bill aims to give employees the freedom to choose between participating in Social Security or an OBRA plan, ensuring they have the right to make their own retirement plan decisions.

Committee Categories

Labor and Employment

Sponsors (1)

Last Action

Accompanied a study order, see H4654 (on 06/25/2018)

bill text


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bill summary

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