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H 2893

An Act relative to the Massachusetts Turnpike Authority Employees’ Retirement System

194th Legislature (2025-2026) Introduced by David LeBoeuf

Overview: H 2893 - An Act relative to the Massachusetts Turnpike Authority Employees' Retirement SystemPurpose and Intent: This bill aims to make changes to the Massachusetts Turnp

Hearing rescheduled to 10/06/2025 from 01:00 PM-02:30 PM in A-1 and Virtual Hearing updated to New End Time
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Bill Summary · H 2893

Overview: H 2893 - An Act relative to the Massachusetts Turnpike Authority Employees' Retirement System
Purpose and Intent: This bill aims to make changes to the Massachusetts Turnpike Authority Employees' Retirement System, which provides retirement benefits for employees of the Massachusetts Turnpike Authority. The goal is to ensure the long-term sustainability and proper administration of the retirement system.

Key Provisions:
- Modifies the composition and structure of the retirement system's board of trustees
- Adjusts the formula for calculating employee contributions and retirement benefits
- Requires the retirement system to conduct regular actuarial valuations and implement any necessary changes

Affected Parties and Impacts:
- Current and future employees of the Massachusetts Turnpike Authority
- The Massachusetts Turnpike Authority and its operations
- The retirement system's board of trustees and administration

Procedural and Timeline Considerations:
- The bill is currently scheduled for a hearing on 10/06/2025 from 01:00 PM-02:30 PM in A-1, with a virtual hearing updated to a new end time.
- After the hearing, the bill will proceed through the legislative process, potentially being referred to additional committees or scheduled for a vote.

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

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