An Act to provide fair and affordable public retiree benefits

This bill amends Massachusetts state law to adjust the maximum annual benefit amount for public retirees receiving pension supplements. It replaces a fixed dollar limit of $18,000 with a new calculation based on 85 percent of the maximum Social Security benefit available to a worker retiring at full age. The change directly affects public employees who rely on these state-funded benefits to supplement their retirement income. By linking the cap to Social Security rather than a static figure, the legislation ensures the benefit limit adjusts automatically with changes in Social Security payouts.