HOUSE DOCKET, NO. 3744        FILED ON: 2/19/2021

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 2570

The Commonwealth of Massachusetts

_________________

PRESENTED BY:

Daniel Cahill

_________________

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 protecting retirees from a reduced, modified or changed retirement allowance due to the inclusion of vacation buyback as regular compensation.

_______________

PETITION OF:

HOUSE DOCKET, NO. 3744        FILED ON: 2/19/2021

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 2570

The Commonwealth of Massachusetts

_______________

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

_______________

An Act protecting retirees from a reduced, modified or changed retirement allowance due to the inclusion of vacation buyback as regular compensation.

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

The retirement allowance of any retired member which included in the calculation of such allowance amounts paid as vacation buyback upon which contributions were made shall not be reduced, modified or changed because of the inclusion of such vacation buyback payments.

Notwithstanding any special or general law to the contrary, any amount paid to an active member for vacation buyback upon which contributions were made and included in any applicable collective bargaining agreement or individual contract for employment in effect on May 1, 2018, shall continue to be included in the definition of ‘regular compensation’ during the term of that collective bargaining agreement or contract; provided, however, that any such amount, benefit or payment received after June 30, 2021, shall not be considered regular compensation