An Act relative to the membership of the PRIM board

This bill amends the Massachusetts General Laws to change how one member of the Public Retirement Investment Management (PRIM) board is selected. Specifically, it requires that this board member be chosen from a list of three candidates nominated by the Massachusetts Association of Contributory Retirement Systems. The nominated individual must be a participant in a state or teacher retirement system that is part of the PRIT Fund. This change affects the composition of the PRIM board by introducing a specific nomination process for a representative of the contributory retirement systems.