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HOUSE DOCKET, NO. 3237         FILED ON: 1/18/2013

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 2208

 

The Commonwealth of Massachusetts

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PRESENTED BY:

James Arciero

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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 retirement systems and pension calculations.

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PETITION OF:

 

Name:

District/Address:

James Arciero

2nd Middlesex


HOUSE DOCKET, NO. 3237        FILED ON: 1/18/2013

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 2208

By Mr. Arciero of Westford, a petition (accompanied by bill, House, No. 2208) of James Arciero for legislation to establish a maximum salary in calculating retirement benefits for public employees.  Public Service. 

 

[SIMILAR MATTER FILED IN PREVIOUS SESSION
SEE HOUSE, NO. 2924 OF 2011-2012.]


The Commonwealth of Massachusetts
 

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In the Year Two Thousand Thirteen

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An Act relative to retirement systems and pension calculations.
 

              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.  Said chapter 32 of the General Laws is hereby amended by adding the following new section:-

Notwithstanding any provision of this chapter to the contrary, for employees who enter the service of the commonwealth or any political subdivision thereof on or after the effective date of this section, the maximum salary upon which a retirement allowance may be based shall be $120,000.

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