About
The Commonwealth of Massachusetts receives revenues from the Master Settlement Agreement between the state and the tobacco industry to recover health care costs for tobacco relates illnesses. Statute requires that a portion of tobacco settlement proceeds be transferred to the State Retiree Benefits Trust Fund (SRBTF) to fund the Commonwealth’s liability for retiree health care. In accordance with state law, the Comptroller certifies the receipt of the deposit from tobacco companies in a Tobacco Settlement Certification.
