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MA H27
Bill
AI Summary
- Creates a special commission to evaluate costs and benefits of service credit purchases allowed under Chapter 32 of Massachusetts retirement law
- Commission must review actuarial liabilities, recommend employee-employer cost-sharing arrangements, and explore expanding allowable service purchases to improve public employee recruitment and retention
- Commission membership includes 15+ members: chairs of public employee retirement boards, legislative committee chairs as co-chairs, minority party appointees, union representatives, municipal association representatives, and a governor-appointed actuary
- Recommendations and proposed legislation must be filed with the Senate and House clerks by May 1, 2026
Legislative Description
Establishing a special commission on retirement credit purchases
Last Action
Committee recommended ought to pass and referred to the committee on House Ways and Means
1/12/2026
Committee Referrals
Ways and Means1/12/2026
Rules1/5/2026
Rules12/15/2025
Public Service2/27/2025
Full Bill Text
No bill text available