Outside Section 23

MBTA Retirement Fund Authorization

SECTION 23. Section 1 of chapter 32 of the General Laws, as amended by section 1 of chapter 86 of the acts of 2015 , is hereby further amended by adding after the word "System" in line 574 the following words:- , and the Massachusetts Bay Transportation Authority Retirement Fund shall be deemed to be a system.



Summary:
This section authorizes, but does not require, the Pension Reserves Investment Management Board to manage the investment of the MBTA Retirement Fund.