Massachusetts 2023-2024 Regular Session

Massachusetts Senate Bill S1612 Latest Draft

Bill / Introduced Version Filed 02/16/2023

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SENATE DOCKET, NO. 179       FILED ON: 1/11/2023
SENATE . . . . . . . . . . . . . . No. 1612
The Commonwealth of Massachusetts
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PRESENTED BY:
Michael D. Brady
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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 a service based retirement option for Group 1 and Group 2 career employees.
_______________
PETITION OF:
NAME:DISTRICT/ADDRESS :Michael D. BradySecond Plymouth and Norfolk 1 of 1
SENATE DOCKET, NO. 179       FILED ON: 1/11/2023
SENATE . . . . . . . . . . . . . . No. 1612
By Mr. Brady, a petition (accompanied by bill, Senate, No. 1612) of Michael D. Brady for 
legislation relative to a service based retirement option for Group 1 and Group 2 career 
employees. Public Service.
The Commonwealth of Massachusetts
_______________
In the One Hundred and Ninety-Third General Court
(2023-2024)
_______________
An Act relative to a service based retirement option for Group 1 and Group 2 career 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 Notwithstanding the provisions of any general or special law to the contrary, an employee 
2as defined in Section 1 of chapter 32 of the Massachusetts General Laws who is classified in 
3either Group 1 or 2 and all political subdivisions thereof who has been a member for not less 
4than thirty years in the aggregate shall be eligible to apply for and receive a service based 
5retirement allowance as authorized by section five of Chapter thirty-two, using the 2.5 factor 
6under subparagraph (a) of paragraph (2) of section five of chapter thirty-two, regardless of age, 
7providing that the employee agrees to fully fund their pension benefit upfront. The employee’s 
8total amount due into the pension system is to be determined by the State Retirement Board in 
9order that the employee reach a 75% pension benefit (30 years) or 80% benefit (32+ years). The 
10employee may use their vacation time allowance and/or personal allowance to pay that amount 
11so determined by the Board.