Budget Amendment ID: FY2016-S3-593

EDU 593

Regional School District Retirement Assessments

Messrs. Humason, Tarr, Ross, deMacedo and Fattman moved that the proposed new text be amended by inserting after section XX the following section:-

SECTION XXXX. There shall be a working group convened to study the employer retirement funding cost obligations and required reimbursements of all non-commonwealth employers, agencies, governmental units, independent authorities, boards, commissions, component units of the commonwealth, districts, including regional and regional vocational school districts, educational collaboratives, and planning commissions, which participate or may participate in the Massachusetts State Employees Retirement System, and whose employees are or may become members thereof.

The task force shall consist of 5 members: the secretary of administration and finance or a designee who shall serve as chair; the executive director of the state board of retirement or a designee; the executive director of the Public Employee Retirement Administration Commission or a designee; and 3 members appointed by the governor; 1 of whom shall represent a regional vocational school district, 1 of whom shall represent an educational collaborative; and 1 of whom shall represent a planning commission. The working group may include any additional persons deemed necessary.

The working group shall report its findings and recommendations to the general court, along with any draft legislation necessary to carry its recommendation into effect, by filing the report with the clerks of the senate and house of representatives not later than October 1, 2015.