SENATE DOCKET, NO. 1102        FILED ON: 1/20/2011

SENATE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 1380

 

The Commonwealth of Massachusetts

_________________

PRESENTED BY:

Bruce E. Tarr

_________________

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 to create parity in retirement pensions..

_______________

PETITION OF:

 

Name:

District/Address:

Bruce E. Tarr

 

Anne M. Gobi

5th Worcester


SENATE DOCKET, NO. 1102        FILED ON: 1/20/2011

SENATE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 1380

By Mr. Tarr, petition (accompanied by bill, Senate, No. 1380) of Gobi and Tarr for legislation to create parity in retirement pensions [Joint Committee on Public Service].

 

[SIMILAR MATTER FILED IN PREVIOUS SESSION
SEE SENATE, NO. 1192 OF 2009-2010.]

 

The Commonwealth of Massachusetts

 

_______________

In the Year Two Thousand Eleven

_______________

 

An Act to create parity in retirement pensions..

 

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. Notwithstanding any general or special law to the contrary, the Secretary of Administration and Finance is hereby authorized and directed to conduct a study as to the feasibility of and potential methodology for insuring that municipal police, fire retirees and teachers receive a pension in an amount not less than fifty percent of the regular compensation being received by an individual currently employed in the position held by the retiree prior to retirement.

            The findings of said study shall be reported to the clerks of the Senate and House of Representatives not later than two years following the passage of this Act.