An Act authorizing a retirement board system local option for totally and permanently incapacitated workers
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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 would allow local retirement boards in Massachusetts to offer retirement benefits to workers who are deemed totally and permanently incapacitated due to their work. Currently, retirement options for such workers are limited, and this legislation seeks to provide more flexibility and choice. It aims to empower local boards to tailor retirement programs to the specific needs of their workforce. The bill is progressing through the legislative process, including committee hearings and a study order.
Key provisions
- Allows local retirement boards to offer retirement to incapacitated workers.
- Provides local boards with a ‘local option’ for establishing such a system.
- Does not mandate that all boards offer this option.
- Addresses retirement benefits for workers unable to continue their employment due to disability.
- Related to existing legislation concerning retirement benefits and pension calculations.
Who is affected
- Massachusetts workers
- Local retirement boards
- Employees with disabilities
- Employers in Massachusetts
Notable changes
- Expands retirement options for permanently incapacitated workers.
- Shifts authority to local boards for determining eligibility and benefits.
- Creates a mechanism for study order H5312 to examine the implications of this legislation.
Bill text
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Sponsors
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2 on record
Primary sponsor
Cosponsor
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