Massachusetts 2025-2026 Regular Session

Massachusetts Senate Bill S1868 Compare Versions

Only one version of the bill is available at this time.
OldNewDifferences
11 1 of 1
22 SENATE DOCKET, NO. 1205 FILED ON: 1/15/2025
33 SENATE . . . . . . . . . . . . . . No. 1868
44 The Commonwealth of Massachusetts
55 _________________
66 PRESENTED BY:
77 Cindy F. Friedman
88 _________________
99 To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
1010 Court assembled:
1111 The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:
1212 An Act relative to Option (d) beneficiaries.
1313 _______________
1414 PETITION OF:
1515 NAME:DISTRICT/ADDRESS :Cindy F. FriedmanFourth Middlesex 1 of 2
1616 SENATE DOCKET, NO. 1205 FILED ON: 1/15/2025
1717 SENATE . . . . . . . . . . . . . . No. 1868
1818 By Ms. Friedman, a petition (accompanied by bill, Senate, No. 1868) of Cindy F. Friedman for
1919 legislation relative to Option (d) beneficiaries. Public Service.
2020 [SIMILAR MATTER FILED IN PREVIOUS SESSION
2121 SEE SENATE, NO. 1679 OF 2023-2024.]
2222 The Commonwealth of Massachusetts
2323 _______________
2424 In the One Hundred and Ninety-Fourth General Court
2525 (2025-2026)
2626 _______________
2727 An Act relative to Option (d) beneficiaries.
2828 Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority
2929 of the same, as follows:
3030 1 Section 12 of chapter 32 of the General Laws, as appearing in the 2022 Official Edition,
3131 2is hereby amended by striking out the paragraph, in lines 154 to 160, inclusive, and inserting in
3232 3place thereof the following paragraph:-
3333 4 Option (d), Member Survivor Allowance. At any time a member, upon his written notice
3434 5on a prescribed form filed with the board prior to his or her death, may nominate one or more
3535 6eligible beneficiaries as set forth under option (c) of this section, who if such member dies before
3636 7being retired shall receive a portion, as specified on said form, of the yearly amount of the option
3737 8(c) allowance to which such member would have been entitled had his retirement taken place on
3838 9the date of his death; provided that, in the event that multiple beneficiaries are nominated, the
3939 10benefit will be calculated using the youngest beneficiary’s age at the time of the member’s death; 2 of 2
4040 11provided further, that upon the death of a beneficiary, said beneficiary’s portion shall be divided
4141 12evenly among surviving beneficiaries.