An Act relative to pension parity
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Overview
This bill, titled ‘An Act relative to pension parity,’ aims to ensure that all employees of the Commonwealth receive a pension that reflects their earned benefits. The bill declares an emergency to expedite its implementation, as delaying it would undermine its goal of providing equitable pension coverage. It seeks to establish consistent pension standards across the Commonwealth’s workforce.
Key provisions
- Establishes pension parity for Commonwealth employees.
- Addresses discrepancies in pension benefits.
- Requires a review of existing pension plans.
- Ensures all employees receive a pension commensurate with their service.
- Authorizes a study order (H5312) to examine the issue further.
Who is affected
- Commonwealth employees
- State government workers
- Public Service employees
Notable changes
- The bill’s emergency declaration indicates a sense of urgency regarding pension equity.
- It builds upon previous attempts to address pension parity (H.2561, S.3137, S.2399, S.3155, S.1688).
Bill text
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Sponsors
Official sponsors from legislative records.
2 on record
Primary sponsor
Daniel J. Hunt
Cosponsor
Daniel J. Hunt
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