HOUSE DOCKET, NO. 2073        FILED ON: 1/17/2019

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 2260

 

The Commonwealth of Massachusetts

_________________

PRESENTED BY:

Sean Garballey

_________________

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 prompt retiree payments.

_______________

PETITION OF:

 

Name:

District/Address:

Date Added:

Sean Garballey

23rd Middlesex

1/17/2019

Alan Silvia

7th Bristol

2/1/2019


HOUSE DOCKET, NO. 2073        FILED ON: 1/17/2019

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 2260

By Mr. Garballey of Arlington, a petition (accompanied by bill, House, No. 2260) of Sean Garballey and Alan Silvia that the Retirement Board submit a report on the use of partial payments to reduce the amount of time between a person’s retirement and date of first payment.  Public Service.

 

The Commonwealth of Massachusetts

 

_______________

In the One Hundred and Ninety-First General Court
(2019-2020)

_______________

 

An Act relative to prompt retiree payments.

 

Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
 

Chapter 32 of the General Laws as appearing in the 2017 Official Edition is hereby amended by adding the following:

Section 106. Prompt partial retirement payments to retirees

Section 106.  The Massachusetts State Retirement Board shall produce a report for the Joint Committee on Public Service on establishing a process to establish prompt partial retirement payments to recent retirees.  The report shall explore ways to reduce the amount of time between a person’s retirement and date of first payment by utilizing estimated partial payments.