Massachusetts legislation · 194th General Court
Massachusetts H2954: An Act relative to the funding ratio of the public employee retirement system
Status: Failed, March 30, 2026
What the bill says
From the introduced text, February 27, 2025:
SECTION 1. Section 22 of chapter 32, as appearing in the 2018 Official Edition, is hereby amended by deleting the third sentence of subsection (c1/2) of subsection 8 and inserting in place thereof the following:- Any system found by the commission to have a funded ratio of less than fifty percent and an annual rate of return during the previous ten years that is at least three percentage points less than that of the PRIT Fund rate of return over the same period shall be declared underperforming by the commission. SECTION 2. Section 22 of Chapter 32, as appearing in the 2018 Official Edition, is hereby amended by deleting in the first paragraph of subsection (c 1/2) of subsection 8 the words "shall be in perpetuity" and inserting in the place thereof:- may not be revoked for five years.
Sponsors
- Daniel Ryan (D, 2nd Suffolk) · primary sponsor
Latest actions
- : Accompanied a study order, see H5312 (under House Rule 27)
- : Hearing rescheduled to 06/04/2025 from 01:00 PM-05:00 PM in A-1
- : Senate concurred
- : Referred to the committee on Public Service
- : Reported by committee to Clerk’s Office for processing, will accompany a study order
Common questions
- What is H2954?
- H2954 is a bill in the Massachusetts Legislature (194th General Court): An Act relative to the funding ratio of the public employee retirement system.
- What is the status of H2954?
- Failed as of March 30, 2026. Latest action: Accompanied a study order, see H5312 (under House Rule 27) (March 30, 2026).
- Who sponsored H2954?
- Daniel Ryan (D, 2nd Suffolk).
- Where is the official record for H2954?
- On the Massachusetts Legislature website: https://malegislature.gov/Bills/194/H2954
Source: official Massachusetts record. Tracked by Delilah, AI for legislation across all 50 states and Congress.