HOUSE DOCKET, NO. 875        FILED ON: 1/13/2009

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 2340

The Commonwealth of Massachusetts

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In the Year Two Thousand Nine

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An Act relative to retirement allowances..

Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
 

  Chapter 32 of the General Laws, is hereby amended by inserting after section 13 the following section:-

   Section 13A.  No retirement allowance payable under sections 1 to 28 shall exceed $100,000 provided, however such allowance may be adjusted by a year inflation factor based on the consumer price index not to exceed 3 percent.