An Act enabling employees on unpaid parental leave to purchase creditable service
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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 employees in Massachusetts who take unpaid parental leave to purchase creditable service within their retirement system. Currently, employees on unpaid leave typically do not earn service credits. This legislation aims to provide a way for these workers to accumulate retirement benefits while on leave, ensuring they don't lose out on potential benefits due to their time off.
Key provisions
- Allows employees on unpaid parental leave to purchase creditable service.
- Applies to employees in Massachusetts retirement systems.
- Addresses a gap in current policy regarding service accrual during unpaid leave.
- Provides a mechanism for employees to maintain retirement benefits while on parental leave.
Who is affected
- Employees in Massachusetts retirement systems
- Parents taking unpaid parental leave
Notable changes
- Creates a new pathway for service accrual during unpaid parental leave.
Bill text
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