SENATE DOCKET, NO. 468 FILED ON: 1/19/2011
SENATE . . . . . . . . . . . . . . No. 1400
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The Commonwealth of Massachusetts
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PRESENTED BY:
Steven A. Tolman
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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 to define member contributions for retirement systems..
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PETITION OF:
Name: | District/Address: |
Steven A. Tolman |
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SENATE DOCKET, NO. 468 FILED ON: 1/19/2011
SENATE . . . . . . . . . . . . . . No. 1400
By Mr. Tolman, a petition (accompanied by bill, Senate, No. 1400) of Steven A. Tolman for legislation to define member contributions for retirement systems. Public Service. |
[SIMILAR MATTER FILED IN PREVIOUS SESSION
SEE SENATE, NO. 1210 OF 2009-2010.]
The Commonwealth of Massachusetts
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In the Year Two Thousand Eleven
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An Act to define member contributions for retirement systems..
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. Section twenty-two of Chapter Thirty-two of the General Laws, as appearing in the 2002 Official Edition, is amended in subsection (1) (b1/2) by: by striking in the fifth sentence of such sub-section in line 95 the words: thirty-thousand dollars and replacing it with the words forty-five thousand dollars.
SECTION 2. By adding after the fifth sentence of said sub-section the following sentence: Said amount shall increase in each subsequent year by a sum equal to the increase in the U.S. consumer price index.