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H 2931

An Act relative to earnings limitations for Michael Sacco for calendar year 2023

194th Legislature (2025-2026) Introduced by Kelly Pease

Caps Michael Sacco’s 2023 excess earnings at $4,862.84, overriding standard pension rules for that year only and only for Sacco.

Accompanied a study order, see H5312 (under House Rule 27)
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Bill Summary · H 2931

Summary of H.2931: An Act relative to earnings limitations for Michael Sacco for calendar year 2023

Purpose and intent

This bill sets a one-year, targeted cap on “excess earnings” attributed to Michael Sacco, former Chief Executive Officer of the Worcester Regional Retirement Board, for calendar year 2023. It overrides general pension-law rules for that specific individual and year, establishing a fixed upper limit on how much of his earnings can be treated as offsetting excess earnings under pension provisions.

Key provisions

  • Section 1: Notwithstanding Section 91b of Chapter 32 or any other law, for calendar year 2023 the amount of excess earnings attributed to Michael Sacco shall not exceed the total amount paid to him by the Worcester Regional Retirement System in that year, specifically $4,862.84.

    • This creates a cap on the excess earnings offset for Sacco in 2023, equal to his 2023 payments from the Worcester Regional Retirement System.

  • Section 2: The act applies only to Michael Sacco and solely with respect to earnings accrued and retirement payments received during calendar year 2023.

  • Section 3: The act takes effect upon passage.

Who is affected

  • Primary beneficiary and subject: Michael Sacco, former CEO of the Worcester Regional Retirement Board.
  • Related entity: Worcester Regional Retirement System (and its retirement board).
  • Indirectly, it interacts with the state pension framework governing excess earnings (Section 91b of Chapter 32), but only for Sacco and only for 2023.

Procedural and timeline context

  • Introduction: February 27, 2025.
  • Referred to: Committee on Public Service (February 27, 2025).
  • Legislative action noted: Senate concurrence.
  • Hearing: Scheduled for May 12, 2025, from 1:00 PM to 5:00 PM in hearing room A-1.
  • House docket: House No. 2931; filed January 12, 2025 (House Docket No. 711).
  • Related/replace: HD 711 is noted as related or replacing the petition/bill (House No. 2931).
  • Effective date: Upon passage.

Potential impact and considerations

  • The bill creates a narrowly scoped, retroactive-like adjustment for 2023 only, potentially limiting any excess-earnings offset for Sacco to the exact amount of 2023 compensation paid by WRRS ($4,862.84).
  • It does not alter earnings or pension rules beyond calendar year 2023 and applies solely to Sacco.
  • Policy implications center on how “excess earnings” are calculated and whether this fixed cap interacts with broader retirement-benefit protections or oversight.

For readers seeking more detail, the bill text specifies the precise cap and its year-specific application, and the hearing agenda indicates ongoing consideration by the Public Service Committee.

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

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