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MA H43
Bill
AI Summary
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Amends Chapter 25 of the acts of 2009 to require Massachusetts Department of Transportation employees hired after the act's effective date to join the Massachusetts State Employees' Retirement System
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Dissolves the Massachusetts Turnpike Authority Employees' Retirement System upon dissolution of the Massachusetts Turnpike Authority, with all members transferred to the State Employees' Retirement System
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Transfers all assets of the dissolved retirement system to the Pension Reserves Investment Management Board and abolishes the Turnpike Authority retirement board
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Makes the Commonwealth responsible for all annuities, pensions, retirement allowances, and refund obligations from the dissolved system
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Contains retroactive effective dates: Section 1 takes effect January 1, 2010, and Section 2 takes effect July 1, 2009
Legislative Description
Relative to the Massachusetts Turnpike Authority Employees’ Retirement System
Last Action
Bill reported favorably by committee and referred to the committee on House Ways and Means
1/27/2026