An Act relative to timely retirement payment

This bill amends a law governing retirement payments to ensure retirees receive at least 90% of their estimated monthly benefit if the retirement board cannot calculate the full amount by the first payment date due to circumstances beyond its control (e.g., system errors or delays). It directly affects retirees whose payments are delayed for reasons outside the board's control. The key provision requires the retirement board to pay 90% of the estimated amount until the delay is resolved, and to annually report all such delays to the House and Senate. The change does not alter benefit eligibility or amounts but provides a temporary payment guarantee during processing delays.