summary
Introduced
07/09/2018
07/09/2018
In Committee
07/16/2018
07/16/2018
Crossed Over
07/12/2018
07/12/2018
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
190th General Court
Bill Summary
Relative to the Massachusetts teachers retirement system (Senate, No. 2209),-- reports, recommending that the same ought to pass with an amendment substituting a new draft with the same title (Senate, No. 2592).
AI Summary
This bill aims to clarify the mandatory participation in the alternative superannuation retirement benefit program through the Massachusetts Teachers' Retirement System (MTRS) or the Boston Retirement System (BRS). It provides a one-time opportunity for eligible members who transferred to MTRS or BRS between July 1, 2001 and July 31, 2018 to elect to participate in the alternative superannuation retirement benefit program, even if they did not do so previously. The bill also specifies the contribution rates and requirements for members participating in this program, and outlines the process for members to elect or not elect to participate.
Committee Categories
Budget and Finance
Sponsors (0)
No sponsors listed
Last Action
No further action taken (on 01/01/2019)
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/S2592 |
| Bill | https://malegislature.gov/Bills/190/S2592.pdf |
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