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HOUSE DOCKET, NO. 3808 FILED ON: 1/20/2023
HOUSE . . . . . . . . . . . . . . . No.
The Commonwealth of Massachusetts
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PRESENTED BY:
Paul K. Frost , (BY REQUEST)
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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 the Massachusetts Teachers' Retirement System benefit calculation.
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PETITION OF:
NAME:DISTRICT/ADDRESS :DATE ADDED:Paul Nordberg1/20/2023 1 of 2
HOUSE DOCKET, NO. 3808 FILED ON: 1/20/2023
HOUSE . . . . . . . . . . . . . . . No.
[Pin Slip]
The Commonwealth of Massachusetts
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In the One Hundred and Ninety-Third General Court
(2023-2024)
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An Act relative to the Massachusetts Teachers' Retirement System benefit calculation.
Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority
of the same, as follows:
1 SECTION 1. Section 5 of chapter 32 of the General Laws, as appearing in the 2020
2Official Edition, is hereby amended in subsection 2, in subdivision (a) by striking out the first
3table after line 139 and inserting in place thereof the following:-
Age Last Birthday at Date of
Retirement
Per Cent.Group 1.Group 2.Group 4.4.65….................80——4.50….................79——4.45….................78——4.30….................77——4.15….................76—— 2 of 2
4.00….................75——3.85….................74——3.70….................73——3.55….................72——3.40….................71——3.25….................70——3.10….................69——2.95….................68——2.80….................67——2.65….................66——2.50….................6560 or over55 or over2.40….................6459542.30….................6358532.20….................6257522.10….................6156512.00….................6055501.90….................59—491.80….................58—481.70….................57—471.60….................56—461.50….................55—45