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 increasing pension benefits for certain retired teachers and public employees. Public Service.
AI Summary
This bill aims to increase pension benefits for certain retired teachers and public employees who chose Option B or Option C retirement plans. Specifically, it provides the following increases:
- Retired teachers in the Boston or Massachusetts Teachers Retirement System who took Option B and retired before July 2004 will see a $542 increase to their retirement allowance.
- Retired members of the State Retirement System or other systems that accept this law who took Option B and retired before July 2004 will see a $395 increase.
- Retired teachers in the Boston or Massachusetts Teachers Retirement System who took Option C and retired before July 2004 will see an $1,800 increase.
- Retired members of the State Retirement System or other systems that accept this law who took Option C and retired before July 2004 will see a $1,200 increase.
- Survivors of retired teachers in the Boston or Massachusetts Teachers Retirement System will see a $1,200 increase, while survivors of retired members of the State Retirement System or other accepting systems will see a $900 increase.
Committee Categories
Labor and Employment
Sponsors (17)
David DeCoste (R),
James Dwyer (D),
Carole Fiola (D),
Colleen Garry (D),
Thomas Golden (D),
Danielle Gregoire (D),
Jack Lewis (D),
Paul McMurtry (D),
Harold Naughton (D),
Angelo Puppolo (D),
Todd Smola (R),
Theodore Speliotis (D),
José Tosado (D),
Steve Ultrino (D),
John Velis (D),
Chris Walsh (D),
Timothy Whelan (R),
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/H2554 |
Bill | https://malegislature.gov/Bills/190/H2554.pdf |
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