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2 | 2 | | SENATE DOCKET, NO. 1205 FILED ON: 1/15/2025 |
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3 | 3 | | SENATE . . . . . . . . . . . . . . No. 1868 |
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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 | | Cindy F. Friedman |
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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 Option (d) beneficiaries. |
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13 | 13 | | _______________ |
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14 | 14 | | PETITION OF: |
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15 | 15 | | NAME:DISTRICT/ADDRESS :Cindy F. FriedmanFourth Middlesex 1 of 2 |
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16 | 16 | | SENATE DOCKET, NO. 1205 FILED ON: 1/15/2025 |
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17 | 17 | | SENATE . . . . . . . . . . . . . . No. 1868 |
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18 | 18 | | By Ms. Friedman, a petition (accompanied by bill, Senate, No. 1868) of Cindy F. Friedman for |
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19 | 19 | | legislation relative to Option (d) beneficiaries. Public Service. |
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20 | 20 | | [SIMILAR MATTER FILED IN PREVIOUS SESSION |
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21 | 21 | | SEE SENATE, NO. 1679 OF 2023-2024.] |
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22 | 22 | | The Commonwealth of Massachusetts |
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23 | 23 | | _______________ |
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24 | 24 | | In the One Hundred and Ninety-Fourth General Court |
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25 | 25 | | (2025-2026) |
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26 | 26 | | _______________ |
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27 | 27 | | An Act relative to Option (d) beneficiaries. |
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28 | 28 | | Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority |
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29 | 29 | | of the same, as follows: |
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30 | 30 | | 1 Section 12 of chapter 32 of the General Laws, as appearing in the 2022 Official Edition, |
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31 | 31 | | 2is hereby amended by striking out the paragraph, in lines 154 to 160, inclusive, and inserting in |
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32 | 32 | | 3place thereof the following paragraph:- |
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33 | 33 | | 4 Option (d), Member Survivor Allowance. At any time a member, upon his written notice |
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34 | 34 | | 5on a prescribed form filed with the board prior to his or her death, may nominate one or more |
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35 | 35 | | 6eligible beneficiaries as set forth under option (c) of this section, who if such member dies before |
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36 | 36 | | 7being retired shall receive a portion, as specified on said form, of the yearly amount of the option |
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37 | 37 | | 8(c) allowance to which such member would have been entitled had his retirement taken place on |
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38 | 38 | | 9the date of his death; provided that, in the event that multiple beneficiaries are nominated, the |
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39 | 39 | | 10benefit will be calculated using the youngest beneficiary’s age at the time of the member’s death; 2 of 2 |
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40 | 40 | | 11provided further, that upon the death of a beneficiary, said beneficiary’s portion shall be divided |
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41 | 41 | | 12evenly among surviving beneficiaries. |
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