HOUSE DOCKET, NO. 386        FILED ON: 1/21/2021

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 2555

 

The Commonwealth of Massachusetts

_________________

PRESENTED BY:

Bruce J. Ayers

_________________

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 option (D) beneficiaries.

_______________

PETITION OF:

 

Name:

District/Address:

Date Added:

Bruce J. Ayers

1st Norfolk

1/21/2021

Adam J. Scanlon

14th Bristol

2/1/2021

Brian W. Murray

10th Worcester

2/18/2021


HOUSE DOCKET, NO. 386        FILED ON: 1/21/2021

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 2555

By Mr. Ayers of Quincy, a petition (accompanied by bill, House, No. 2555) of Bruce J. Ayers, Adam J. Scanlon and Brian W. Murray relative to option (D) survivor allowance beneficiaries.  Public Service.

 

[SIMILAR MATTER FILED IN PREVIOUS SESSION
SEE HOUSE, NO. 2164 OF 2019-2020.]

 

The Commonwealth of Massachusetts

 

_______________

In the One Hundred and Ninety-Second General Court
(2021-2022)

_______________

 

An Act relative to option (D) beneficiaries.

 

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. Section 12 of chapter 32 of the General Laws, as appearing in the 2014 Official Edition, is hereby amended by striking out the first paragraph, in lines 151 to 157, inclusive, and inserting in place thereof the following paragraph:-

Option (d), Member Survivor Allowance. – At any time a member, upon his written notice on a prescribed form filed with the board prior to his death, may nominate one or more eligible beneficiaries as set forth under option (c) of this section, who if such member dies before being retired shall receive a portion, as specified on said form, of the yearly amount of the option (c) allowance to which such member would have been entitled had his retirement taken place on the date of his death; provided that, in the event that multiple beneficiaries are nominated, the benefit will be calculated using the youngest beneficiary’s age at the time of the member’s death; provided further, that upon the death of a beneficiary, all payments to surviving beneficiaries shall remain unchanged.