HOUSE DOCKET, NO. 3317        FILED ON: 1/21/2011

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 2952

 

The Commonwealth of Massachusetts

_________________

PRESENTED BY:

Ryan C. Fattman

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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 study the modernization of retirement systems for future state employees.

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PETITION OF:

 

Name:

District/Address:

Date Added:

Ryan C. Fattman

18th Worcester

1/21/2011

Richard Bastien

2nd Worcester

2/3/2011

Randy Hunt

5th Barnstable

2/3/2011

Steven L. Levy

4th Middlesex

2/3/2011

Benjamin Swan

11th Hampden

2/4/2011


HOUSE DOCKET, NO. 3317        FILED ON: 1/21/2011

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 2952

By Mr. Fattman of Sutton, a petition (accompanied by bill, House, No. 2952) of Ryan C. Fattman and others for an investigation by a special commission of the feasibility of replacing the defined benefit pension plan for public employees with a defined contribution plan for future employees.  Public Service.

 

The Commonwealth of Massachusetts

 

_______________

In the Year Two Thousand Eleven

_______________

 

An Act study the modernization of retirement systems for future state employees.

 

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. There is hereby established a special commission to study pension reform in the commonwealth. Said commission is hereby authorized and directed to conduct an investigation into the feasibility of replacing the commonwealth’s defined benefit pension plan with a defined contribution plan for future employees. The special commission shall submit a report to the governor, the speaker of the house of representatives, the senate president, and the chief justice of the supreme judicial court setting forth the special commission’s findings, along with its recommendations and specific legislative proposals, no later than one year after the special commission’s appointment.  The special commission shall dissolve upon completion of its duties and obligations, as indicated by submission of its findings and recommendations.