Latest from Mass Retirees

3% COLA For State & Teacher Retirees

Mass Retirees - Tue, 07/21/2015 - 3:42pm

Treasurer Goldberg to Include Payment in July Pensions

JULY 21, 2014: Following Governor Charlie Baker’s approval of the 3% COLA for state and teacher retirees, Treasurer Deb Goldberg saw to it that the 1st payment for FY16 will be included in the July pension check.

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3rd time not a charm, as Leominster board again denies pension raise for retirees

Mass Retirees - Wed, 07/01/2015 - 12:00am

By Cliff Clark, cclark@sentinelandenterprise.com

LEOMINSTER -- The third attempt to secure an annual pension increase for city retirees failed like the first two at a meeting Tuesday morning of the city's Retirement Board.

"You ought to be ashamed of yourselves," one person shouted from a crowd of more than 50 city retirees and supporters at the board as three of its members raised their hands to deny city retirees a 1.7 percent cost-of-living increase.

Read Full Article:  Sentinel and Enterprise

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Retirement Board to again take up COLA

Mass Retirees - Mon, 06/29/2015 - 12:00am

LEOMINSTER -- Just seven days after the Retirement Board voted down the first cost-of-living increase for city retirees in five years, another attempt will be made at 9 a.m. Tuesday, according to one board member.

"We're going to try again to get a COLA for city retirees," said elected board member John Picone.

During last week's meeting, the board voted twice on proposals to raise the COLA 3 percent and 1.7 percent, respectively.

Read Full Article:  Sentinel and Enterprise

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Tempers rise -- but not pensions for Leominster

Mass Retirees - Wed, 06/24/2015 - 11:31am

LEOMINSTER -- Tension between the chairman of the Retirement Board, other board members and city retirees erupted into open hostility at a meeting Tuesday, when another attempt at securing a cost-of-living raise for pensioners failed.

"You've been lying to this board," elected Retirement Board member John Picone said to Chairman John Richard, who is also the city comptroller, in front of more than 40 city retirees in the Council Chambers of City Hall. "You've been lying to me. You've been lying to the people out here for years.

Read Full Article:  Sentinel & Enterprise

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Fossil-fuel divestiture hearing: Retirees’ interests vs. environmental concerns

Mass Retirees - Thu, 06/11/2015 - 3:23pm

John Hilliard
State House News Service
June 9, 2015

During a packed hearing late Tuesday morning, supporters of bills that would divest public pensions from fossil fuel energy industry over concerns that relying on profits from those companies helps contribute to climate change.

Read Full Article:  State House News Service

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WEP Reform: Our Work Continues

Mass Retirees - Thu, 06/11/2015 - 2:54pm

MAY 2015 VOICE: Efforts to advance federal legislation reforming the Social Security Windfall Elimination Provision (WEP) continue in earnest. Led by Congressmen Richard Neal (D-MA) and Kevin Brady (R-TX), HR711 has gained traction within the US House of Representatives.

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Early retirement plan drawing fewer applicants than predicted

Mass Retirees - Wed, 06/10/2015 - 10:59am
By Joshua Miller Globe Staff  June 09, 2015

Governor Charlie Baker’s early retirement plan is on pace to draw fewer applicants than his administration predicted, a gap that could prompt state government layoffs later this year.

Read Full Article:  Boston Globe

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FOSSIL FUEL DIVESTMENT TAKES CENTER STAGE

Mass Retirees - Wed, 06/10/2015 - 10:32am
Mass Retirees Supports Formal Study, Urges Caution

JUNE 10, 2015: On Tuesday, the complex issue of public pension fund divestment of fossil fuel investments took center stage at the Massachusetts State House. 

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Deep Concerns Over GIC Insurance Costs

Mass Retirees - Wed, 06/10/2015 - 12:00am
Association Initiative Would Lower Expense Cap

MAY 2015 VOICE: After five-years of low cost growth and medical inflation, retiree costs with the state’s Group Insurance Commission (GIC) are set to jump come July 1, 2015. The sharp increase in what some retirees will be forced to pay for healthcare has resulted in an Association legislative proposal seeking to lower the cap on out-of-pocket costs.

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Auto & Homeowner Insurance Discount Announced

Mass Retirees - Tue, 06/09/2015 - 12:00am
Members Can Save at Least 6% Off Arbella Premium

MAY 2015 VOICE: Last year the Association began exploring the possibility of offering discount programs to members. Our first such program, a discounted BJ’s Wholesale Club membership, was unveiled in December and proved a great success.

Since then, we’ve listened to the requests of members and have worked to develop new programs.

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Governor Baker Supports FY15 COLA

Mass Retirees - Mon, 06/08/2015 - 12:00am
Also Maintains State Retiree Insurance % In Budget Proposal

MAY 2015 VOICE: In his first budget proposal, Governor Charlie Baker has proposed a full 3% COLA for state and teacher retirees to be paid beginning in July on the existing $13,000 base.

Baker is the first Republican governor since Jane Swift to support retiree COLAs. Former Governor Mitt Romney failed to provide for a retiree COLA in each of his four annual budget proposals.

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Membership Reminder: BJ’s Discounts Now Available

Mass Retirees - Fri, 06/05/2015 - 3:40pm
Offer Extended Through June 30th!

JUNE 5, 2015: Mass Retirees is happy to announce that our exclusive discount program with BJ’s Wholesale Club has been extended through June 30, 2015. Retirees must be a dues paying Mass Retirees member in order to qualify for the program.

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Death of Pittsfield's Gerard Miller

Mass Retirees - Thu, 06/04/2015 - 3:54pm

It is with great sadness that Mass Retirees announces the death of our long-time Western Mass. Vice President Gerard “Jerry” Miller. Jerry was a retired Pittsfield Fire Lieutenant and chairman of the Pittsfield Retirement Board.

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Association Returns to HUB: Boston Meeting Friday, May 29th at 11:00 AM

Mass Retirees - Mon, 05/18/2015 - 10:00pm

Florian Hall
55 Hallett Street, Dorchester

Categories: Mass Retirees

State clears way for 5,000 workers to retire early

Mass Retirees - Tue, 05/05/2015 - 5:25pm
Some fear move may hurt services

By Joshua Miller Globe Staff  May 05, 2015

Governor Charlie Baker signed an early retirement plan Monday that will soon reduce the state workforce by up to 5,000 employees — a move that is expected to save money but quickly raised worries about an erosion of state services.

Though state lawmakers had expressed some initial skepticism, the House and Senate gave final approval to the proposal hours before the governor signed it. The votes were a victory for Baker and his effort to bridge a daunting state budget shortfall.

Read Full Article:  Boston Globe

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Gov. Charlie Baker signs state employee retirement incentive program into law

Mass Retirees - Mon, 05/04/2015 - 10:32pm

By Shira Schoenberg
May 04, 2015 at 5:15 PM

BOSTON - Gov. Charlie Baker signed a law establishing a retirement incentive for state employees, on the same day the Legislature sent the bill to his desk.

"We're very happy with the Legislature's compromise on this, and we're thrilled that they acted expeditiously to get this done," Baker told reporters at the Statehouse. "I appreciate the fact that it was a complicated piece of legislation to begin with, and we're looking forward to moving forward on the act of actually implementing it."

Read Full Article:  Mass Live

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Legislature Passes Early Retirement Bill

Mass Retirees - Mon, 05/04/2015 - 5:19pm
Up To 5,000 State Workers May Retire

MAY 4, 2015: House and Senate leaders have quickly resolved differences in competing versions of early retirement legislation passed by the legislature this spring. The compromise bill was sent to Governor Baker this afternoon for his approval, which is expected to come this week.

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New Law to Strip Social Security Numbers From Medicare Cards

Mass Retirees - Mon, 04/20/2015 - 6:38am

WASHINGTON — Concerned about the rising prevalence and sophistication of identity theft, most private health insurance companies have abandoned the use of Social Security numbers to identify individuals. The federal government even forbids private insurers to use the numbers on insurance cards when they provide medical or drug benefits under contract with Medicare.

Read Full Article:  New York Times

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