HOUSE DOCKET, NO. 3237        FILED ON: 1/18/2013

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 2208

 

The Commonwealth of Massachusetts

_________________

PRESENTED BY:

James Arciero

_________________

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 retirement systems and pension calculations.

_______________

PETITION OF:

 

Name:

District/Address:

Date Added:

James Arciero

2nd Middlesex

1/18/2013


HOUSE DOCKET, NO. 3237        FILED ON: 1/18/2013

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 2208

By Mr. Arciero of Westford, a petition (accompanied by bill, House, No. 2208) of James Arciero for legislation to establish a maximum salary in calculating retirement benefits for public employees.  Public Service.

 

[SIMILAR MATTER FILED IN PREVIOUS SESSION
SEE HOUSE, NO. 2924 OF 2011-2012.]

 

The Commonwealth of Massachusetts

 

_______________

In the Year Two Thousand Thirteen

_______________

 

An Act relative to retirement systems and pension calculations.

 

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.  Said chapter 32 of the General Laws is hereby amended by adding the following new section:-

Notwithstanding any provision of this chapter to the contrary, for employees who enter the service of the commonwealth or any political subdivision thereof on or after the effective date of this section, the maximum salary upon which a retirement allowance may be based shall be $120,000.