HOUSE DOCKET, NO. 2714        FILED ON: 1/16/2015

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 2344

 

The Commonwealth of Massachusetts

_________________

PRESENTED BY:

Bradley H. Jones, Jr.

_________________

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 cashing out of disability retirement system alternative commission.

_______________

PETITION OF:

 

Name:

District/Address:

Date Added:

Bradley H. Jones, Jr.

20th Middlesex

1/16/2015

Bradford R. Hill

4th Essex

1/29/2015

Elizabeth A. Poirier

14th Bristol

1/16/2015

Susan Williams Gifford

2nd Plymouth

11/5/2019

Todd M. Smola

1st Hampden

11/5/2019

Paul K. Frost

7th Worcester

11/5/2019

F. Jay Barrows

1st Bristol

11/5/2019

Sheila C. Harrington

1st Middlesex

11/5/2019

Shawn Dooley

9th Norfolk

11/5/2019

David K. Muradian, Jr.

9th Worcester

11/5/2019

Kimberly N. Ferguson

1st Worcester

11/5/2019


HOUSE DOCKET, NO. 2714        FILED ON: 1/16/2015

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 2344

By Mr. Jones of North Reading, a petition (accompanied by bill, House, No. 2344) of Bradley H. Jones, Jr., and others for an investigation by a special commission (including members of the General Court) relative to the implications of cashing out of the public disability retirement system.  Public Service.

 

The Commonwealth of Massachusetts

 

_______________

In the One Hundred and Eighty-Ninth General Court
(2015-2016)

_______________

 

An Act relative to cashing out of disability retirement system alternative commission.

 

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, there shall be a special commission to study and report on the implications of cashing out of disability retirement system.

SECTION 2. The commission shall consists of the chairmen of the joint committee on public service who will serve as co-chairs; the speaker of the house of representatives or his designee; the president of the senate or his designee; the minority leader of the house or his designee; the minority leader of the senate or his designee; the state treasurer or his designee; the chairman of the senate committee on ways and means; the chair of the house committee on ways and means; the secretary of administration and finance or his designee; a mayor of a city in the commonwealth appointed by the governor; a representative of the Retired State; County, and Municipal Employees Association of Massachusetts; a representative of the Massachusetts AFL-CIO; the executive director of the Group Insurance Commission; and a representative of the Massachusetts Municipal Association.

SECTION 3. The commission shall study, report and recommend legislation on possible incentives for employees who seek an alternative career instead of disability retirement. Recommended legislation should allow employees to meet eligibility standards for a disability retirement with the option of cashing out of the system with a lump sum payment in the amount of a multiple of their base compensation which shall be determined by age and other factors. The commission shall also provide in the report the tax implications of said option.

SECTION 4. The commission shall submit its report and findings, along with any draft of legislation, to the house and senate committees on ways and means, the joint committee on public service, and the clerks of the house of representatives and the senate on or before June 1, 2016.