An Act relative to non-Commonwealth entities within the state employees’ retirement system

This bill requires certain local districts and non-state government entities to pay their fair share of retirement costs for employees participating in the Massachusetts State Employees Retirement System. It establishes a new process where an actuary calculates these payments as a percentage of payroll, considering factors like employee demographics and job classifications, with reviews occurring at least every three years. The legislation also introduces a penalty requiring employers who miss payment deadlines to pay an additional 10% of the overdue amount, while simultaneously waiving past-due payments from 2013 through 2015. These changes aim to improve funding for the retirement system and ensure consistent contributions from various types of public employers.