AN ACT RELATIVE TO THE PENSION LIABILITY OF THE COMMONWEALTH.
Whereas, The deferred operation of this act would tend to defeat its purpose, which is to increase forthwith the amount of a future transfer to the Commonwealth’s Pension Liability Fund, therefore it is hereby declared to be an emergency law, necessary for the immediate preservation of the public convenience.
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. Section 22C of chapter 32 of the General Laws, as appearing in the 2014 Official Edition, is hereby amended by striking out, in line 64, the figure “$2,169,000,000” and inserting in place thereof the following figure:- $2,198,092,616.
SECTION 2. This act shall take effect as of July 1, 2015.
Approved, August 5, 2015.