An Act relative to special needs trusts and pensions

This bill allows the trustee or fiduciary of a special needs trust to be nominated as a beneficiary for certain pension options under Massachusetts law. It directly affects individuals managing special needs trusts and the pension plans that offer beneficiary nomination choices. By adding this provision to existing statutes, the legislation clarifies who can be named as a beneficiary in these specific financial arrangements. The change ensures that those responsible for administering special needs trusts can participate in the same pension nomination process available to other eligible parties.