An Act relative to veterans' buyback
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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, An Act relative to veterans’ buyback, proposes to allow eligible veterans to voluntarily return to state service and receive a retirement benefit. It aims to provide a pathway for veterans who may have previously left state employment to re-enter and receive a retirement payment. The bill is intended to offer a financial incentive for veterans to rejoin the workforce and benefit from their accrued service time. This is a recurring proposal, with similar legislation having been considered in previous sessions.
Key provisions
- Allows eligible veterans to voluntarily return to state employment.
- Provides a retirement benefit to veterans who re-enter state service.
- Specifies eligibility criteria for veterans participating in the buyback program.
- Establishes a process for veterans to apply for and receive the retirement benefit.
- Addresses potential funding mechanisms for the program.
Who is affected
- Veterans
- State Employees
- The Massachusetts Retirement System
Notable changes
- This bill builds upon previous attempts to establish a veterans’ retirement buyback program in Massachusetts.
- It likely includes provisions regarding the calculation of the retirement benefit based on prior service.
Bill text
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Sponsors
Official sponsors from legislative records.
2 on record
Primary sponsor
Cosponsor
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