Establishes rules for non-Commonwealth entities participating in the state employees' retirement system in Massachusetts.
The bill amends Massachusetts law to clarify the participation of non-Commonwealth entities in the state employees' retirement system. It specifies that agencies such as the Central Massachusetts Regional Planning Commission and others must remit contributions to the state board of retirement. The actuary determines these contributions as a percentage of the payroll, considering various factors. The bill also ensures that these agencies are not liable for past due contributions as of the act's passage.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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