Legislation

Articles about Legislation that may be useful to Massachusetts retirees.

Some reform is better than none at all

Newburyport News Editorial

Bottom line for the pension reform bill currently before the Legislature: Since changes would affect only those hired into government service after Jan. 1, 2012, anyone offered employment with the state who felt they could get a better deal elsewhere would be free to turn the job down.

Don't add to pension problem by upping cost-of-living raises

Boston Globe Editorial

MASSACHUSETTS NEEDS another round of public-pension reforms. Though Beacon Hill has made progress in curbing the worst abuses of the system, public-pension systems still have billions of dollars more in liabilities than they have money to pay for them. Bond rating agencies have made it clear that unless Beacon Hill comes to grips with the problem, the Commonwealth's ability to borrow money will suffer. And while the bill that cleared the Senate Thursday will help in several important ways, it also exacerbates the problem in others.

SENATE PASSES CONTROVERISAL PENSION REFORM III

SENATE PASSES CONTROVERISAL PENSION REFORM III

State/Teacher COLA Fight Shifts To House

SEPTEMBER 16, 2011: Yesterday, the State Senate passed its version of Pension Reform (S2010), closely resembling Governor Patrick's reform legislation, which he filed with the Legislature this past spring.

Foundation Urges Passage of Meaningful Pension Reforms

Mass Taxpayers Foundation Report

In a presentation to PERAC's Emerging Issues Forum and a letter to state senators, the Foundation highlights the urgency of passing legislation to reform the pension system for state and municipal employees.

Legislative Update

SEPTEMBER 2011 VOICE: Despite the time and intense effort focused on Municipal Health Insurance Reform over the first seven months of the 2011-12 Legislative Session, progress was made on several Association sponsored bills. To date, most of the bills, contained within the Association’s Legislative Package, have received a public hearing.

PENSION REFORM UNFAIR TO NEW EMPLOYEES

PENSION REFORM UNFAIR TO NEW EMPLOYEES

Association Takes A Stand

JULY 2011 VOICE: With over a half century of knowledge and experience working with our public pension laws, Association President Ralph White is widely respected when it comes to our state's pension policies. Having led the Association since 1968, he has also had a hand in formulating the state's renowned defined benefit (DB) pension plan.

MUNICIPAL HEALTH INSURANCE REFORM IN SPOTLIGHT

JULY 2011 VOICE: With pension reform in the spotlight for three years and still underway, municipal health insurance reform has temporarily pushed pensions to the back-burner as the House and Senate have tackled head-on the long-simmering municipal health insurance quandary.

Pension Reform Legislation Filed By Governor Deval Patrick

Pension Reform Legislation Filed By Governor Deval Patrick

Eliminates Early Retirement For Many

FEBRUARY 17, 2011: Governor Deval Patrick has filed legislation, HB35, which creates a new retirement formula for state and local government employees hired after July 1, 2011. At this time the Governor has strong support for reform by both the House and Senate Leaders.

Among a number of changes in our current statute, the Group 1 pension formula, which includes the vast majority of public employees, does not allow retirement until age 60 and changes the 80% maximum formula age from 65 to 67.

Local Insurance Changes Loom

Local Insurance Changes Loom

GIC Mandate Proposed

Filing his third barebones budget in as many years, Governor Deval Patrick has proposed a significant change to local health insurance plans in an attempt to plug growing budget deficits that are the result of the ongoing economic recession.

In addition to slashing the budget of the state’s Group Insurance Commission (GIC) by $100 million for FY12, the Governor is also proposing a 7% cut in non-school local aid to cities and towns. In order to offset local aid cuts, Patrick has reintroduced a plan that could drastically alter municipal health plans.

Bad pension policies should not be grandfathered

EDITORIAL — Lawmakers like to hold up their pension reform measures like they’ve bagged a trophy buck but the persistence of embarrassing tales of retirement bonanzas make their efforts seem less like heroic encounters and more like a game of Whac-A-Mole.