Massachusetts S2611 amends the state employees' retirement system to include non-Commonwealth entities.
Massachusetts S2611 amends the state employees' retirement system to include non-Commonwealth entities, such as regional planning commissions and councils of governments. The bill specifies that these entities must contribute to the pension reserve fund based on a percentage of their employees' payroll, determined by an actuary. The actuary's determination is reviewed every three years. The bill also exempts these entities from liability for past due contributions as of the act's passage.
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