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Bill

Bill

HD 2316

An Act relative to the fifth member of the public employee retirement systems

194th Legislature (2025-2026) Introduced by Paul Donato

Massachusetts bill modifying the appointment and role of PERAC's fifth member to adjust public employee pension board representation and governance.

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Bill Summary · HD 2316

Legislative bill overview

HD 2316 addresses the composition and appointment of the Public Employee Retirement Administration Commission (PERAC), which oversees Massachusetts' public pension systems. The bill modifies provisions related to the "fifth member" of PERAC—a position traditionally designated for a public representative or employee advocate. The specific changes relate to how this member is selected and what qualifications or roles they must fulfill.

Why is this important

PERAC oversees billions in assets held in public employee pension funds and sets policies affecting hundreds of thousands of current and retired public workers. The composition of its governing board directly influences how pension benefits are managed, investment decisions are made, and disputes are resolved. Changes to board membership can shift the balance of power between labor, management, and public interests.

Potential points of contention

  • Labor representation: Whether the fifth member adequately represents active employees and retirees versus management/employer interests
  • Appointment process: Questions about who has power to appoint this member and whether the process is sufficiently transparent and accountable
  • Qualification standards: Debate over whether specific expertise (financial, actuarial, legal) should be required versus broader public representation

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

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