MassachusettsComptroller submits $400 million retiree health fund schedule
The comptroller submitted a $400 million transfer schedule for a state fund that pays for retirees’ health insurance.
What it does
The comptroller submitted a schedule for $400 million in transfers to the state retiree health fund, which pays for retirees’ health insurance.
Argument forThe schedule could help the state plan how to move money for retiree health insurance across the fiscal year.
Argument againstIf monthly transfers arrive later in the fiscal year, the trust fund may have less money available earlier to pay retiree health insurance costs.
More detail
The comptroller submitted a schedule to transfer $400 million to the State Retiree Benefits Trust Fund. The schedule is for the Massachusetts State Retiree Benefits Trust Fund, account 1599-6152. The letter says the fund transfers pay for retiree health insurance benefits. The listed transfers are scheduled for September 2025, November 2025, January 2026, and February 2026. The document calls this the FY27 schedule.
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Where it stands
- Introduced
- Passed 1st Chamber
- Passed 2nd Chamber
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Sep 28Placed on fileIntroduced
HealthcareTaxes & BudgetMental Health