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| 2 | 2 | | HOUSE DOCKET, NO. 432 FILED ON: 1/12/2023 |
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| 3 | 3 | | HOUSE . . . . . . . . . . . . . . . No. 3437 |
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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 | | William M. Straus |
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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 the Massachusetts Bay Transportation Authority. |
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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:William M. Straus10th Bristol1/12/2023 1 of 2 |
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| 16 | 16 | | HOUSE DOCKET, NO. 432 FILED ON: 1/12/2023 |
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| 17 | 17 | | HOUSE . . . . . . . . . . . . . . . No. 3437 |
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| 18 | 18 | | By Representative Straus of Mattapoisett, a petition (accompanied by bill, House, No. 3437) of |
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| 19 | 19 | | William M. Straus for an investigation by a special commission relative to retirement benefits |
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| 20 | 20 | | provided to Massachusetts Bay Transportation Authority employees. Transportation. |
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| 21 | 21 | | [SIMILAR MATTER FILED IN PREVIOUS SESSION |
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| 22 | 22 | | SEE HOUSE, NO. 3604 OF 2021-2022.] |
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| 23 | 23 | | The Commonwealth of Massachusetts |
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| 24 | 24 | | _______________ |
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| 25 | 25 | | In the One Hundred and Ninety-Third General Court |
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| 26 | 26 | | (2023-2024) |
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| 27 | 27 | | _______________ |
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| 28 | 28 | | An Act relative to the Massachusetts Bay Transportation Authority. |
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| 29 | 29 | | Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority |
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| 30 | 30 | | of the same, as follows: |
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| 31 | 31 | | 1 SECTION 1. There is hereby established a special commission to investigate and report |
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| 32 | 32 | | 2on retirement benefits provided to employees of the Massachusetts Bay Transportation Authority |
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| 33 | 33 | | 3consisting of the following members: the secretary of transportation, or a designee; the treasurer, |
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| 34 | 34 | | 4or a designee; the executive director of the Public Employee Retirement Administration |
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| 35 | 35 | | 5Commission, or a designee; the secretary of administration and finance, or a designee; and the |
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| 36 | 36 | | 6president of Massachusetts AFL-CIO, or a designee. The executive director of the MBTA |
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| 37 | 37 | | 7Retirement Fund shall serve on the commission ex officio as a non-voting member. The report |
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| 38 | 38 | | 8shall analyze the feasibility of providing retirement benefits to future employees of the Authority |
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| 39 | 39 | | 9solely and exclusively under chapter 32 of the General Laws as opposed to any other statutory or |
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| 40 | 40 | | 10contractual plan or system under which current Authority employees are eligible to receive 2 of 2 |
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| 41 | 41 | | 11retirement benefits, and shall examine and report on, without limitation: (i) all retirement |
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| 42 | 42 | | 12benefits currently received by retirees of the Authority and retirement benefits for which current |
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| 43 | 43 | | 13employees of the Authority are eligible; (ii) relevant contractual provisions and applicable |
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| 44 | 44 | | 14federal and state laws and the legal effects thereof; (iii) transition costs and implementation and |
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| 45 | 45 | | 15logistical considerations; (iv) the relative impact on pension benefits; and (v) the advisability of |
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| 46 | 46 | | 16so providing retirement benefits to future employees of the Authority pursuant to chapter 32 of |
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| 47 | 47 | | 17the General Laws, and if so, a proposed effective date; provided, that any recommendations |
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| 48 | 48 | | 18contained in the report shall have considered the need for the continued sustainability of the |
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| 49 | 49 | | 19statutory and contractual retirement benefits provided for existing employees of the Authority. |
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| 50 | 50 | | 20Not later than January 1, 2025, the commission shall file the report with the the house and senate |
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| 51 | 51 | | 21committees on ways and means, the house and senate chairs of the joint committee on |
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| 52 | 52 | | 22transportation, and the clerks of the house of representatives and senate. |
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