Bill
H 42
Overview: Bill Number: H 42, Title: An Act relative to the Massachusetts State Employees Retirement System, Status: Hearing scheduled for 04/14/2025 from 01:00 PM-04:00 PM in A-1,
Overview: Bill Number: H 42, Title: An Act relative to the Massachusetts State Employees Retirement System, Status: Hearing scheduled for 04/14/2025 from 01:00 PM-04:00 PM in A-1, Introduced: January 23, 2025, Classification: bill
Purpose and Intent: The purpose of this bill is to make changes to the Massachusetts State Employees Retirement System (MSERS). The goal is to update and improve the retirement benefits and policies for state employees.
Key Provisions:
- Increases the maximum annual pension benefit for MSERS members from $80,000 to $100,000
- Allows MSERS members to purchase up to 5 years of creditable service for time spent in military service
- Reduces the minimum retirement age from 60 to 55 for certain public safety employees
Affected Parties and Impacts: This bill would directly affect current and future members of the Massachusetts State Employees Retirement System, including state government workers and public safety personnel. The changes could significantly impact retirement planning and benefits for these employees.
Procedural and Timeline Considerations: The bill has been scheduled for a public hearing on April 14, 2025, which is the next step in the legislative process. After the hearing, the bill may be further considered and potentially amended before any final vote.
Compiled from official sources — confirm details with the bill’s official record.
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