A communication from the State Retiree Benefits Trust (“HST”) Board (see Section 24(f) of Chapter 32A of the General Laws) submitting the approved budget for said board for fiscal year 2027

This bill formally submits the approved budget for the State Retiree Benefits Trust Board for the fiscal year 2027. The proposed budget includes specific increases for legal fees, administrative services, and actuarial valuations compared to the previous year's figures. By approving this document, the legislature acknowledges the financial plan for managing the trust's operational expenses and fiduciary duties. The measure is a procedural step that does not alter the underlying laws or benefits but rather authorizes the requested funding levels for the upcoming year.