S1813
An Act relative to the funding ratio of the public employee retirement system
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- Passed Senate
- Passed House
- To Governor
- Became Law
Bill overview
This bill addresses concerns about the financial health of Massachusetts’ public employee retirement system, specifically focusing on its funding ratio. The bill seeks to examine and potentially improve the system’s ability to meet its future obligations to retirees. It aims to ensure the system’s long-term solvency and stability by analyzing its current performance and identifying areas for potential reform. The legislation is part of a series of similar proposals aimed at addressing pension system challenges.
Key provisions
- Requires a study of the public employee retirement system’s funding ratio.
- Seeks to identify factors contributing to underperformance.
- May explore potential reforms to improve the system’s financial health.
- Accompanied by a study order (S2786) regarding the same issue.
Who is affected
- Massachusetts public employees
- Retirees of the public employee retirement system
- The Massachusetts state government
- The public employee retirement system
Notable changes
- The bill initiates a study to assess the current funding ratio of the public employee retirement system.
Sponsors
Official sponsors from legislative records.
Primary sponsor
Brendan P. Crighton
Cosponsor
Brendan P. Crighton
Arguments in favor
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Bill S.1813 194th (Current)
An Act relative to the funding ratio of the public employee retirement system
By Mr. Crighton, a petition (accompanied by bill, Senate, No. 1813) of Brendan P. Crighton for legislation relative to underperforming pension systems. Public Service.
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Bill Information
Bill Information
Presenter: Brendan P. Crighton
Tabs
Bill History Petitioners Primary Sponsor Summary
Bill History
Displaying 5 actions for Bill S.1813
| Date | Branch | Action |
| 2/27/2025 | Senate | Referred to the committee on Public Service |
| 2/27/2025 | House | House concurred |
| 5/29/2025 | Joint | Hearing scheduled for 06/04/2025 from 01:00 PM-05:00 PM in A-2 |
| 5/29/2025 | Joint | Hearing rescheduled to 06/04/2025 from 01:00 PM-05:00 PM in A-1 |
| 12/4/2025 | Senate | Accompanied a study order, see S2786 |
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