HOUSE DOCKET, NO. 2170 FILED ON: 1/19/2023
HOUSE . . . . . . . . . . . . . . . No. 2560
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The Commonwealth of Massachusetts
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PRESENTED BY:
Vanna Howard
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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 relative to certain option B and option C retirees.
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PETITION OF:
Name: | District/Address: | Date Added: |
Vanna Howard | 17th Middlesex | 1/10/2023 |
Edward J. Kennedy | First Middlesex | 4/24/2023 |
HOUSE DOCKET, NO. 2170 FILED ON: 1/19/2023
HOUSE . . . . . . . . . . . . . . . No. 2560
By Representative Howard of Lowell, a petition (accompanied by bill, House, No. 2560) of Vanna Howard relative to certain public employee retirement system option B and option C retirees. Public Service. |
The Commonwealth of Massachusetts
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In the One Hundred and Ninety-Third General Court
(2023-2024)
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An Act relative to certain option B and option C retirees.
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. Notwithstanding the provisions of any general or special law to the contrary, a member as defined in section 1 of chapter 32 of the General Laws, who retired before July 1, 2004 and is receiving a lesser retirement allowance in accordance with the terms of Option (b) or Option (c) of subdivision (2) of section 12 of said chapter 32, from a retirement system that accepts the provisions of this act, shall have the member’s retirement allowance, exclusive of any cost of living adjustments, increased by 4 per cent for Option (b) allowances and 12 per cent for Option (c) allowances. Any retirement system may accept the provisions of this act by a majority vote of the board of each such system, subject to the approval of the legislative body. For the purposes of this act, “legislative body” shall mean, in the case of a city, the city council in accordance with its charter, in the case of a town, the town meeting, in the case of a county, the county retirement board advisory council, in the case of a region, the regional retirement board advisory council, in the case of a district, the district members, and, in the case of an authority, the governing body. For purposes of this act, the state teachers’ and state employees’ retirement systems shall be deemed to have accepted the provisions of this act.
SECTION 2. The provisions of this act shall be prospective from the effective date of this act and shall not entitle any member or spouse of a deceased member to any retroactive benefits.