HOUSE DOCKET, NO. 3467 FILED ON: 1/21/2011 HOUSE . . . . . . . . . . . . . . . No. 3084 The Commonwealth of Massachusetts _________________ PRESENTED BY: Jerald A. Parisella, (BY REQUEST) _______________ To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
Court assembled: The undersigned legislators and/or citizens respectfully petition for the passage of the accompanying: An Act requiring an actuarial study of the MBTA retirement fund. _______________ PETITION OF: Name: | District/Address: | Robert Guttman | 33 Maplewood Ave, Apt 404
Gloucester, MA 01930 |
HOUSE DOCKET, NO. 3467 FILED ON: 1/21/2011 HOUSE . . . . . . . . . . . . . . . No. 3084 By Mr. Parisella of Beverly (by request), a petition (accompanied by bill, House, No. 3084) of [petitioners] for legislation to direct the Secretary for Administration and Finance to conduct an actuarial study of the MBTA retirement fund Joint Committee on Transportation. |
The Commonwealth of Massachusetts
An Act requiring an actuarial study of the MBTA retirement fund.
Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
The Secretary of Administration and Finance is directed to study the operation and performance of the MBTA Retirement Fund, using actuarial methods, comparing the performance of the MBTA Retirement Fund to other American retirement and pension funds, making note of such other oversight issues as may arise during the study. The study is to be completed and submitted to the Speaker of the House and the Senate President; the House and Senate Committees on Ways and Means; the MBTA Board of Directors and the MBTA Advisory Board on or before January 1, 2012. |
