Bill Text: MA S1192 | 2009-2010 | 186th General Court | Introduced
Bill Title: Create parity in retirement pensions
Sponsorship: Partisan Bill (Republican 1)
Status: (Introduced - Dead) 2009-01-20 - Public Hearing date 11/16 at 11:00 AM in Hearing Room A2 [S1192 Detail]
Download: Massachusetts-2009-S1192-Introduced.html
The Commonwealth of Massachusetts
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PRESENTED BY:
Tarr, Bruce (SEN)
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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 passage of the accompanying bill:
An Act to create parity in retirement pensions
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PETITION OF:
|
Name: |
District/Address: |
|
Tarr, Bruce (SEN) |
First Essex and Middlesex |
[SIMILAR MATTER FILED IN PREVIOUS
SESSION
SEE SENATE, NO. S01643 OF .]
The Commonwealth of
Massachusetts
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In the Year Two Thousand and Nine
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An Act to create parity in retirement pensions.
��������������� Be
it enacted by the Senate and House of Representatives in General Court
assembled, and by the authority of the same, as follows:
����������� SECTION 1. Notwithstanding any general or special law to the contrary, the Secretary of Administration and Finance is hereby authorized and directed to conduct a study as to the feasibility of and potential methodology for insuring that municipal police, fire retirees and teachers receive a pension in an amount not less than fifty percent of the regular compensation being received by an individual currently employed in the position held by the retiree prior to retirement.
The findings of said study shall be reported to the clerks of the Senate and House of Representatives not later than two years following the passage of this Act.
