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2 | 2 | | HOUSE DOCKET, NO. 2170 FILED ON: 1/19/2023 |
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3 | 3 | | HOUSE . . . . . . . . . . . . . . . No. 2560 |
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4 | 4 | | The Commonwealth of Massachusetts |
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5 | 5 | | _________________ |
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6 | 6 | | PRESENTED BY: |
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7 | 7 | | Vanna Howard |
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8 | 8 | | _________________ |
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9 | 9 | | To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General |
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10 | 10 | | Court assembled: |
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11 | 11 | | The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill: |
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12 | 12 | | An Act relative to certain option B and option C retirees. |
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13 | 13 | | _______________ |
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14 | 14 | | PETITION OF: |
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15 | 15 | | NAME:DISTRICT/ADDRESS :DATE ADDED:Vanna Howard17th Middlesex1/10/2023 1 of 2 |
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16 | 16 | | HOUSE DOCKET, NO. 2170 FILED ON: 1/19/2023 |
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17 | 17 | | HOUSE . . . . . . . . . . . . . . . No. 2560 |
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18 | 18 | | By Representative Howard of Lowell, a petition (accompanied by bill, House, No. 2560) of |
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19 | 19 | | Vanna Howard relative to certain public employee retirement system option B and option C |
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20 | 20 | | retirees. Public Service. |
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21 | 21 | | The Commonwealth of Massachusetts |
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22 | 22 | | _______________ |
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23 | 23 | | In the One Hundred and Ninety-Third General Court |
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24 | 24 | | (2023-2024) |
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25 | 25 | | _______________ |
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26 | 26 | | An Act relative to certain option B and option C retirees. |
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27 | 27 | | Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority |
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28 | 28 | | of the same, as follows: |
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29 | 29 | | 1 SECTION 1. Notwithstanding the provisions of any general or special law to the |
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30 | 30 | | 2contrary, a member as defined in section 1 of chapter 32 of the General Laws, who retired before |
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31 | 31 | | 3July 1, 2004 and is receiving a lesser retirement allowance in accordance with the terms of |
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32 | 32 | | 4Option (b) or Option (c) of subdivision (2) of section 12 of said chapter 32, from a retirement |
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33 | 33 | | 5system that accepts the provisions of this act, shall have the member’s retirement allowance, |
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34 | 34 | | 6exclusive of any cost of living adjustments, increased by 4 per cent for Option (b) allowances |
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35 | 35 | | 7and 12 per cent for Option (c) allowances. Any retirement system may accept the provisions of |
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36 | 36 | | 8this act by a majority vote of the board of each such system, subject to the approval of the |
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37 | 37 | | 9legislative body. For the purposes of this act, “legislative body” shall mean, in the case of a city, |
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38 | 38 | | 10the city council in accordance with its charter, in the case of a town, the town meeting, in the |
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39 | 39 | | 11case of a county, the county retirement board advisory council, in the case of a region, the |
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40 | 40 | | 12regional retirement board advisory council, in the case of a district, the district members, and, in 2 of 2 |
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41 | 41 | | 13the case of an authority, the governing body. For purposes of this act, the state teachers’ and state |
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42 | 42 | | 14employees’ retirement systems shall be deemed to have accepted the provisions of this act. |
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43 | 43 | | 15 SECTION 2. The provisions of this act shall be prospective from the effective date of this |
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44 | 44 | | 16act and shall not entitle any member or spouse of a deceased member to any retroactive benefits. |
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