H2954
An Act relative to the funding ratio of the public employee retirement system
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- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill, H.2954, addresses the funding ratio of the Massachusetts public employee retirement system. It seeks to examine and potentially adjust the system’s financial health, ensuring it can meet its future obligations to retirees. The bill mandates a study to assess the current funding ratio and explore potential strategies for improvement. This legislative action aims to maintain the stability and solvency of the state’s retirement system.
Sponsors
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Primary sponsor
Daniel J. Ryan
Cosponsor
Daniel J. Ryan
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