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
Relative to retirement benefits for judges. Public Service.
AI Summary
This bill amends Chapter 32 of the General Laws to establish new retirement provisions for judges first appointed on or after January 2, 1975. The key provisions include:
1. Judges appointed on or after January 2, 1975 will have 7-10% of their salary deducted and deposited into a "Judges Retirement Fund."
2. Judges who serve at least 15 years continuously and are at least 65 years old can retire with a pension equal to 3/4 of their final salary. Judges who serve at least 10 years can receive a pro-rated pension upon retiring at age 70.
3. Judges who do not qualify for a pension can have their contributions refunded upon resignation.
4. The government will assume and pay the judge's retirement contributions under Section 414(h)(2) of the Internal Revenue Code.
This bill aims to standardize and reform the judicial retirement system in Massachusetts.
Committee Categories
Labor and Employment
Sponsors (1)
Last Action
Accompanied a study order, see H4654 (on 06/25/2018)
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/H1425 |
| Bill | https://malegislature.gov/Bills/190/H1425.pdf |
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