1 of 1 SENATE DOCKET, NO. 634 FILED ON: 1/17/2023 SENATE . . . . . . . . . . . . . . No. 1629 The Commonwealth of Massachusetts _________________ PRESENTED BY: Brendan P. Crighton _________________ 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 enhancing cost of living adjustment for certain long term career public retirees. _______________ PETITION OF: NAME:DISTRICT/ADDRESS :Brendan P. CrightonThird Essex 1 of 4 SENATE DOCKET, NO. 634 FILED ON: 1/17/2023 SENATE . . . . . . . . . . . . . . No. 1629 By Mr. Crighton, a petition (accompanied by bill, Senate, No. 1629) of Brendan P. Crighton for legislation relative to enhance cost of living adjustment for certain long term career public retirees. Public Service. The Commonwealth of Massachusetts _______________ In the One Hundred and Ninety-Third General Court (2023-2024) _______________ An Act relative to enhancing cost of living adjustment for certain long term career public retirees. 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 102 of Chapter 32 of the General Laws, as appearing in the 2020 2Official Edition, is hereby amended by adding at the end thereof the following:- (h) Every 3member of the state employee retirement system and the teacher’s retirement system who 4qualifies and has attained fifteen full years of retirement as of June 30 of the prior fiscal year 5who receive a cost of living increase shall receive an additional one hundred dollar benefit to 6said increase. Said one hundred dollar benefit shall be granted only to members of the state 7retirement system and the teacher’s retirement system whose total annual retirement benefit is 8less than the average annual retirement benefit as determined by the retirement system’s most 9recent actuarial valuation and retired with twenty or more years of creditable service, provided 10however, those members who retired with a disability benefit under sections 6, 7 or 26 shall be 11eligible with less than twenty years of creditable service. Any surviving beneficiary of a 12deceased member who would otherwise be eligible for aforesaid additional benefit under this 2 of 4 13paragraph, including those beneficiaries receiving a benefit under sections 9, 12 or 101, shall 14receive said additional benefit if it is determined they are eligible by the retirement board in 15which they are a participant. 16 Every member of the state employee retirement system and the teacher’s retirement 17system who has attained twenty full years of retirement as of June 30 of the prior fiscal year who 18receive a cost of living increase shall receive an additional two hundred dollar benefit to said 19increase. Said two hundred dollar benefit shall be granted only to members of the state retirement 20system and the teacher’s retirement system whose total annual retirement benefit is less than the 21average annual retirement benefit as determined by the retirement system’s most recent actuarial 22valuation and retired with twenty or more years of creditable service. Any surviving beneficiary 23of a deceased member who would otherwise be eligible for aforesaid additional benefit under 24this paragraph, including those beneficiaries receiving a benefit under section 9, 12 or 101, shall 25receive said additional benefit if it is determined they are eligible by the retirement board in 26which they are a participant. 27 SECTION 2. Section 103 of Chapter 32 of the General Laws, as appearing in the 2020 28Official Edition, is hereby amended by adding at the end thereof the following:- (k) Upon 29acceptance of the provisions of this paragraph as provided in paragraph (n), every member of a 30retirement system other than the state employees retirement system and the teachers’ retirement 31system, who has attained fifteen full years of retirement as of June 30 of the prior fiscal year and 32receives a cost of living increase pursuant to this section, shall receive an additional one hundred 33dollar benefit to said increase. Said one hundred dollar benefit shall be granted only to members 34of a retirement system, other than the state employees retirement system and the teachers’ 35retirement system, whose total annual retirement benefit is less than the average annual 3 of 4 36retirement benefit as determined by their retirement system’s most recent actuarial valuation and 37retired with twenty or more years of creditable service, provided however, those members who 38retired with a disability benefit under sections 6, 7 or 26 shall be eligible with less than twenty 39years of creditable service. Any surviving beneficiary of a deceased member who would 40otherwise be eligible for aforesaid additional benefit under this paragraph, including those 41beneficiaries receiving a benefit under sections 9, 12 or 101, shall receive said additional benefit 42if it is determined they are eligible by the retirement board in which they are a participant. 43 (l) Upon acceptance of the provisions of this paragraph as provided in paragraph (n), 44every member of a retirement system other than the state employees retirement system and the 45teachers’ retirement system, who has attained twenty full years of retirement as of June 30 of the 46prior fiscal year and receives a cost of living increase pursuant to this section, shall receive an 47additional two hundred dollar benefit to said increase. Said two hundred dollar benefit shall be 48granted only to members of a retirement system other than the state employees retirement system 49and the teachers’ retirement system whose total annual retirement benefit is less than the average 50annual retirement benefit as determined by their retirement system’s most recent actuarial 51valuation and retired with twenty or more years of creditable service, provided however, those 52members who retired with a disability benefit under sections 6, 7 or 26 shall be eligible with less 53than twenty years of creditable service. Any surviving beneficiary of a deceased member who 54would otherwise be eligible for aforesaid additional benefit under this paragraph, including those 55beneficiaries receiving a benefit under sections 9, 12 or 101, shall receive said additional benefit 56if it is determined they are eligible by the retirement board in which they participate. 57 (m) Upon acceptance of the provisions of this paragraph as provided in paragraph (n), 58every member of a retirement system other than the state employees retirement system and the 4 of 4 59teachers’ retirement system, who has attained fifteen but not more than twenty full years of 60retirement as of June 30 of the prior fiscal year and receives a cost of living increase pursuant to 61this section, shall receive an additional one hundred dollar benefit and for those who has attained 62more than twenty years of retirement as of June 30 of the prior fiscal year, shall receive an 63additional two hundred dollar benefit to said increase. Such additional benefits shall be granted 64only to members of a retirement system, other than the state employees retirement system and 65the teachers’ retirement system, whose total annual retirement benefit is less than the average 66annual retirement benefit as determined by their retirement system’s most recent actuarial 67valuation and retired with twenty or more years of creditable service, provided however, those 68members who retired with a disability benefit under sections 6, 7 or 26 shall be eligible with less 69than twenty years of creditable service. Any surviving beneficiary of a deceased member who 70would otherwise be eligible for aforesaid additional benefit under this paragraph, including those 71beneficiaries receiving a benefit under sections 9, 12 or 101, shall receive said additional benefit 72if it is determined they are eligible by the retirement board in which they are a participant. 73 (n) Acceptance of the provisions of paragraphs (k). (l) or (m) shall be by a majority vote 74of the board of such system, subject to the approval of the legislative body. For the purpose of 75this section, ''legislative body'' shall mean, in the case of a city, the city council in accordance 76with its charter, in the case of a town, the town meeting, in the case of a district, the district 77members, and, in the case of an authority, the governing body. In the case of a county or region, 78acceptance shall be by the county or regional retirement board advisory council at a meeting 79called for that purpose by the county or regional retirement board, Acceptance of this paragraph 80shall be deemed to have occurred upon the filing of the certification of such vote with the 81commission. A decision to accept the provisions of this paragraph may not be revoked.