Massachusetts 2023-2024 Regular Session

Massachusetts House Bill H2483 Compare Versions

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22 HOUSE DOCKET, NO. 1594 FILED ON: 1/18/2023
33 HOUSE . . . . . . . . . . . . . . . No. 2483
44 The Commonwealth of Massachusetts
55 _________________
66 PRESENTED BY:
77 Rob Consalvo
88 _________________
99 To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
1010 Court assembled:
1111 The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:
1212 An Act relative to teacher retirement election.
1313 _______________
1414 PETITION OF:
1515 NAME:DISTRICT/ADDRESS :DATE ADDED:Rob Consalvo14th Suffolk1/18/2023Nick CollinsFirst Suffolk1/24/2023Rodney M. Elliott16th Middlesex1/27/2023William J. Driscoll, Jr.7th Norfolk1/27/2023Michael D. BradySecond Plymouth and Norfolk2/8/2023Samantha Montaño15th Suffolk2/8/2023William C. Galvin6th Norfolk2/8/2023Lindsay N. Sabadosa1st Hampshire2/8/2023Patrick M. O'ConnorFirst Plymouth and Norfolk2/8/2023Josh S. Cutler6th Plymouth2/8/2023Steven Owens29th Middlesex2/8/2023David M. Rogers24th Middlesex2/8/2023Thomas M. Stanley9th Middlesex2/13/2023Paul McMurtry11th Norfolk2/13/2023James B. EldridgeMiddlesex and Worcester2/16/2023Adrian C. Madaro1st Suffolk2/16/2023Joan Meschino3rd Plymouth2/28/2023Steven George Xiarhos5th Barnstable2/28/2023 2 of 2
1616 Bruce J. Ayers1st Norfolk3/13/2023Michelle L. Ciccolo15th Middlesex3/13/2023Brian M. Ashe2nd Hampden3/13/2023Brian W. Murray10th Worcester3/13/2023Gerard J. Cassidy9th Plymouth3/13/2023Sean Garballey23rd Middlesex3/13/2023 1 of 2
1717 HOUSE DOCKET, NO. 1594 FILED ON: 1/18/2023
1818 HOUSE . . . . . . . . . . . . . . . No. 2483
1919 By Representative Consalvo of Boston, a petition (accompanied by bill, House, No. 2483) of
2020 Rob Consalvo and others relative to teacher retirement election. Public Service.
2121 The Commonwealth of Massachusetts
2222 _______________
2323 In the One Hundred and Ninety-Third General Court
2424 (2023-2024)
2525 _______________
2626 An Act relative to teacher retirement election.
2727 Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority
2828 of the same, as follows:
2929 1 (a) Notwithstanding the provisions of any general or special law to the contrary, any
3030 2member of the teachers' retirement system or any teacher who is a member of the Boston
3131 3retirement system, who (i) became eligible for membership before July 1, 2001, (ii) began
3232 4contributing to either the teachers’ retirement system or the Boston retirement system on or
3333 5before July 1, 2001 (iii) did not provide a written election to such retirement system to
3434 6participate in the alternative superannuation retirement benefit program established in paragraph
3535 7(i) of subdivision (4) of Section 5 of Chapter 32 of the General Laws as appearing in the 2022
3636 8Official Edition, shall have a new 1-time opportunity to elect to participate in the alternative
3737 9superannuation retirement benefit program.
3838 10 (b) A qualifying member shall make the election provided under subsection (a) on or
3939 11after July 1, 2023, but not later than December 31, 2023; provided, however, that a member
4040 12entitled to make an election under this section who applies for retirement prior to the foregoing 2 of 2
4141 13election period shall be given a 1-time opportunity to participate in the alternative
4242 14superannuation retirement benefit program prior to retirement.
4343 15 (c) A member who participates in the alternative superannuation retirement benefit
4444 16program under this section shall make contributions at the rate of 11 percent pursuant to section
4545 1722 of chapter 32 of the General Laws and may be required to provide make-up contributions at
4646 18the rate of 11 percent, upon such terms and conditions as the relevant retirement system may
4747 19require, from the date that such member established membership in the teachers’ retirement
4848 20system or the Boston retirement system.