Latest from Mass Retirees
On August 31, approximately 600 former state employees, who retired under the Employee Retirement Incentive Program (ERIP), will be receiving their first pension payment, retroactive to June 30, 2015. According to the ERIP law (Chapter 19, Acts of 2015), the State Retirement Board had 120 days (4 months) from the date of retirement (June 30) to issue pensions to the ERIP retirees.
Public Service Committee Grants Favorable Report
AUGUST 11, 2015: Legislation that would increase the basic life insurance benefit for state retirees and active employees has been released with a favorable report by the Joint Committee on Public Service.
Association officials worked closely with Committee Chairmen Rep. Jamie Murphy (D-Weymouth) and Senator Jim Timilty (D-Walpole) in recent months to advance the legislation forward prior to the start of the FY17 state budget cycle.
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.
By Cliff Clark, firstname.lastname@example.org
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
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
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
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
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.
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
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.
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.
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.
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.
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.
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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