An Act relative to state police pensions

This bill amends Massachusetts state law to adjust the retirement allowance calculations for state police officers. It changes the standard benefit to 60% of an officer's average annual pay from the year before retirement, with a cap of 75% and a bonus of 3% for every full month of service beyond twenty years before age fifty-five. Conversely, if an officer retires before completing twenty years of service after turning fifty-five, the benefit is reduced by 3% for each month short of that threshold. Additionally, the legislation grants a $15 annual supplement for each year of service to state police veterans, up to a maximum of $300.