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Bill

Bill

H 4995

An Act relative to retirement reporting

194th Legislature (2025-2026) Introduced by Mike Day

Bill H 4995 modifies Massachusetts retirement reporting requirements; referred to House Ways and Means for budget review after Judiciary Committee approval.

Bill reported favorably by committee and referred to the committee on House Ways and Means
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Bill Summary · H 4995

Legislative bill overview

H 4995 appears to be a revised version of H 1638 that addresses retirement reporting requirements in Massachusetts. The bill was reported favorably from the Judiciary Committee and referred to House Ways and Means for fiscal review. Without access to the full bill text, the specific reporting mechanisms or retirement systems affected cannot be detailed.

Why is this important

Retirement reporting requirements affect public pension accountability, employee benefits administration, and government transparency. Changes to these requirements could impact how Massachusetts municipalities and state agencies track and report retirement obligations, which influence budgeting and fiscal planning.

Potential points of contention

  • Scope of reporting: Unclear whether this applies only to public sector pensions, private retirement plans, or both, which would significantly affect stakeholder impact
  • Fiscal implications: The Ways and Means referral suggests potential budget impacts that may require clarification on implementation costs
  • Administrative burden: New or modified reporting requirements could increase compliance costs for employers or retirement system administrators

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

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