Budget Amendment ID: FY2025-S4-811

OTH 811

Basic life insurance benefit for State Retirees

Mr. Brady moved that the proposed new text be amended by adding the following section:-

Section XXX- (a) Section 5 of chapter 32A of the General Laws, as so appearing in the 2022

Official Edition, is hereby amended by striking out, in lines 1, 2, 25 and 26, each time they

appear, the words “five thousand dollars”, and inserting in place thereof, in each instance, the

following figure: - $7,500;

(b) Section 5 of said chapter 32A is hereby further amended by striking out the figure “$7,500”,

inserted by each time it appears, and inserting in place thereof, in each instance, the following

figure: - $10,000.

(c) Section 6 of said chapter 32A, as appearing in the 2022 Official Edition, is hereby amended

by striking out, in lines 2, 3 and 4, 5 and 6, each time they appear, the words “five thousand

dollars” and inserting in place thereof, in each instance, the following figure: - $7,500; said

(d) Section 6 of said chapter 32A is hereby further amended by striking out the figure “$7,500”, ,

each time it appears, and inserting in place thereof, in each instance, the following figure:-

$10,000.

(e) Section 10 of said chapter 32A, as appearing in the 2022 Official Edition, is hereby amended

by striking out, in lines 4 and 5, each time they appear, the words “five thousand dollars”, and

inserting in place thereof, in each instance, the following figure: - $7,500.

(f) Section 10 of said chapter 32A is hereby further amended by striking out the figure “$7,500”,

inserted by section 38 3/4, each time it appears, and inserting in place thereof, in each instance,

the following figure: - $10,000.

Section XXX-Section XXX (a), (c), (e) shall take effect July 1, 2024, and further Section XXX

(b), (d) and (f) shall take effect July 1, 2025.