Bill

Bill > H1876


MA H1876

Requiring an actuarial study of the MBTA retirement fund


summary

Introduced
01/23/2017
In Committee
02/12/2018
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

190th General Court

Bill Summary

For legislation to direct the Secretary for Administration and Finance to conduct an actuarial study of the MBTA retirement fund. Transportation.

AI Summary

This bill directs the Secretary of Administration and Finance to conduct an actuarial study of the Massachusetts Bay Transportation Authority (MBTA) Retirement Fund. The study will compare the performance of the MBTA Retirement Fund to other American retirement and pension funds, and identify any oversight issues that arise. The study must be completed and submitted to the relevant legislative and MBTA committees by January 1, 2018.

Committee Categories

Budget and Finance, Transportation and Infrastructure

Sponsors (1)

Last Action

No further action taken (on 01/01/2019)

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