HOUSE DOCKET, NO. 2826 FILED ON: 1/21/2011
HOUSE . . . . . . . . . . . . . . . No. 2433
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The Commonwealth of Massachusetts
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PRESENTED BY:
Linda Campbell
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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 adoption of the accompanying bill:
An Act relative to state employee pension.
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PETITION OF:
Name: | District/Address: | Date Added: |
Linda Campbell | 15th Essex | 1/21/2011 |
HOUSE DOCKET, NO. 2826 FILED ON: 1/21/2011
HOUSE . . . . . . . . . . . . . . . No. 2433
By Ms. Campbell of Methuen, a petition (accompanied by bill, House, No. 2433) of Linda Dean Campbell relative to the calculation of state employee pensions. Public Service. |
The Commonwealth of Massachusetts
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In the Year Two Thousand Eleven
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An Act relative to state employee pension.
Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
Section 1 of Chapter 32 is amended in the definition of "regular compensation" by inserting before the paragraph beginning "If as a result of a mistake", the following new paragraph:
Notwithstanding any provision of this chapter to the contrary, for members of the state employees' retirement system, the teachers' retirement system including all post secondary education retirement systems throughout the Commonwealth and all county, city and town contributory retirement systems including those who entered the service of the Commonwealth or a political subdivision thereof on or after July 1, 2012 regular pension compensation shall not include salary, wages or other compensation in whatever form in any calendar year in excess of sixty five percent of the salary of the sitting Governor of the Commonwealth of Massachusetts. The Governor’s salary shall be defined as salary and shall not include any additional benefits or contributory compensation available to the office such as health care or additional contributory retirement options offered by the Commonwealth.