Massachusetts 2023 2023-2024 Regular Session

Massachusetts House Bill H2596 Introduced / Bill

Filed 02/16/2023

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HOUSE DOCKET, NO. 300       FILED ON: 1/11/2023
HOUSE . . . . . . . . . . . . . . . No. 2596
The Commonwealth of Massachusetts
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PRESENTED BY:
Joseph D. McKenna
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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 to study the modernization of retirement systems for future state employees.
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PETITION OF:
NAME:DISTRICT/ADDRESS :DATE ADDED:Joseph D. McKenna18th Worcester1/11/2023 1 of 1
HOUSE DOCKET, NO. 300       FILED ON: 1/11/2023
HOUSE . . . . . . . . . . . . . . . No. 2596
By Representative McKenna of Webster, a petition (accompanied by bill, House, No. 2596) of 
Joseph D. McKenna for an investigation by a special commission relative to the feasibility of 
replacing the defined benefit pension plan for public employees with a defined contribution plan 
for future employees.  Public Service.
[SIMILAR MATTER FILED IN PREVIOUS SESSION
SEE HOUSE, NO. 2727 OF 2021-2022.]
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 to study the modernization of retirement systems for future state employees.
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. There is hereby established a special commission to study pension reform in 
2the commonwealth. Said commission is hereby authorized and directed to conduct an 
3investigation into the feasibility of replacing the commonwealth’s defined benefit pension plan 
4with a defined contribution plan for future employees. The special commission shall submit a 
5report to the governor, the speaker of the house of representatives, the senate president, and the 
6chief justice of the supreme judicial court setting forth the special commission’s findings, along 
7with its recommendations and specific legislative proposals, no later than one year after the 
8special commission’s appointment. The special commission shall dissolve upon completion of 
9its duties and obligations, as indicated by submission of its findings and recommendations.