SENATE DOCKET, NO. 1293 FILED ON: 1/16/2015
SENATE . . . . . . . . . . . . . . No. 1358
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The Commonwealth of Massachusetts
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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 establishing the fair share pension act.
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PETITION OF:
Name: | District/Address: |
Ryan C. Fattman | Worcester and Norfolk |
SENATE DOCKET, NO. 1293 FILED ON: 1/16/2015
SENATE . . . . . . . . . . . . . . No. 1358
By Mr. Fattman, a petition (accompanied by bill, Senate, No. 1358) of Ryan C. Fattman for legislation to tax certain public employee pension compensation. Public Service. |
[SIMILAR MATTER FILED IN PREVIOUS SESSION
SEE HOUSE, NO. 2559 OF 2013-2014.]
The Commonwealth of Massachusetts
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In the One Hundred and Eighty-Ninth General Court
(2015-2016)
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An Act establishing the fair share pension act.
Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
Paragraph (b1/2) of subdivision (1) of section 22 of chapter 32 of the General Laws, as appearing in the 2014 Official Edition, is hereby amended by inserting in line 99 after the word “dollars.” the following:- For any member of any system accepting the provisions of this paragraph who entered the service of the commonwealth or a political subdivision thereof on or after January 1, 2015, the treasurer or other disbursing officer in charge of payroll in any governmental unit to which a system pertains, shall withhold on each pay day, in addition to the amounts withheld pursuant to paragraph (b), and the amount withheld pursuant to the preceding sentence, an additional 28 per cent of such member’s regular compensation over $100,000.