State error delays teachers’ benefits

JUNE 1, 2012: State Treasurer Steven Grossman has launched an internal investigation after an ­error by his office delayed benefits payments to about 53,000 retired teachers.

The problem, which affected 92 percent of retired educators whose Massachusetts Teachers’ Retirement System benefits are electronically deposited into their bank accounts, has been rectified, but the deposits may not go through until Friday, Grossman said.

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Boston Globe
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