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Bill

H 3964

An Act authorizing Edward E. Kivari Jr. to purchase creditable service from the Hampden county regional retirement board

194th Legislature (2025-2026) Introduced by Jake Oliveira and 1 co-sponsor

Bill authorizes one individual to purchase additional service credit toward their public pension, increasing their retirement benefits at taxpayer expense.

Hearing scheduled for 05/12/2025 from 01:00 PM-05:00 PM in A-1
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WeVote Research Nonpartisan
Bill Summary · H 3964

Legislative bill overview

H 3964 authorizes Edward E. Kivari Jr. to purchase creditable service from the Hampden County Regional Retirement Board. This allows an individual to buy back service time toward their public pension, effectively increasing their credited years of service for retirement benefit calculations.

Why is this important

Public pension benefits are typically calculated based on years of service and final average salary. Allowing someone to purchase additional creditable service can substantially increase their retirement benefits. This bill affects how much a taxpayer-funded pension this individual will receive.

Potential points of contention

  • Individual vs. public interest: The bill grants a special privilege to one person rather than applying uniform rules. This raises fairness questions about whether similar circumstances warrant similar treatment for other employees.
  • Fiscal impact: Purchasing creditable service reduces the amount the individual must contribute while increasing long-term pension liability borne by the municipality and taxpayers.
  • Precedent and equity: Approving individualized pension purchase bills could encourage similar requests from other employees, potentially creating inconsistent treatment within the retirement system.

Compiled from official sources — confirm details with the bill’s official record.

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