Establishes a special commission to analyze retirement benefits for Massachusetts Bay Transportation Authority employees.
The bill establishes a special commission to investigate and report on the feasibility of providing retirement benefits to future Massachusetts Bay Transportation Authority employees under chapter 32 of the General Laws. The commission will analyze current retirement benefits, relevant laws, transition costs, and the impact on pension benefits. The report is due by January 1, 2025, and will be filed with key legislative committees and clerks.
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