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.
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