Politics

Articles about Politics that may be useful to Massachusetts retirees.

PENSION REFORM III NOW LAW

Chapter 176 Marks Sweeping Change

NOVEMBER 21, 2011:  As expected, late last Friday, November 18, Governor Deval Patrick signed Pension Reform III into law as Chapter 176, Acts of 2011.

The measure, which had been enacted in the House and Senate three days earlier, creates a new retirement plan for new employees of our 105 retirement systems, hired on or after next April 2nd.

Rhode Island adopts sweeping changes to pension system

PROVIDENCE - Despite jeers and the threat of a union lawsuit, Rhode Island lawmakers approved extensive changes yesterday to one of the nation’s most underfunded public pension systems.

The state’s heavily Democratic General Assembly defied its traditional union allies to pass the landmark changes.

NEW PENSION LAW ADOPTED

Effective For New Hires Beginning Next April

NOVEMBER 15, 2011: Pension Reform III (S2065) is now on the verge of becoming law. By a vote of 27-10 in the Senate and 152-0 in the House, today the Legislature enacted a change in the Commonwealth’s public retirement law that will place new employees in a “second tier” retirement plan.

Effective next April 2, all new hires within our state’s 105 retirement systems will close the door on early retirement and require most workers to stay in the system until age 67 in order to reach a full pension.

Lawmakers approve Mass. pension bill

Boston Globe

BOSTON—The Massachusetts Legislature has approved an overhaul of the state's pension system that would raise the minimum retirement age for future state employees to 60.

The compromise bill was accepted Tuesday by the Senate on a 27-10 vote and later on a 149-0 vote in the House.

COLA PROPOSAL BRUTALLY ATTACKED

COLA PROPOSAL BRUTALLY ATTACKED

Senate Increases State & Teacher Base

NOVEMBER 2011 VOICE: Heeding our Association’s call to use “Pension Reform III” as an opportunity to address longstanding benefit inequities, the Senate passed a provision within their proposal (S2018) increasing the state & teacher retirees’ COLA base by $1,000 to a new $13,000.

Unions may cede bargain power here

Gov. Deval Patrick -- who this week appeared before throngs of union protesters in a show of support for public unions in Wisconsin -- has proposed legislation that will ask public unions here to cede some bargaining leverage to save cities and towns millions of dollars in health insurance costs, the MetroWest Daily News reports.

Wisconsin Parallels Seen In Local Health Care Fight

Wisconsin Parallels Seen In Local Health Care Fight

Retirees Must Have Voice In Process

The battle, now being waged in Wisconsin over the rights of public employees to collectively bargain, should come as no surprise to Association members. As we have been reporting for some time, there is a growing national movement to reduce and alter the health care and defined benefit pensions of public employees and retirees.

White Re-Elected To State Board

White Re-Elected To State Board

Association President Ralph White, without opposition, has been elected to a fifth three-year term on the State Retirement Board.

“When the deadline for filing nomination papers came and there were no other candidates it was a surprise to me,” said White. “In the years that I’ve been on either the PRIM or State Board I’ve always had election opposition. However, I don’t regard this (election) as a so-called “free ride.” There are no free rides in this business. The challenge for improvement still exists.

Wage War: Government Employees vs. Everybody Else

Public Sector Protesters in Wisconsin Face a Backlash, But Are State Workers Really Overpaid?

Are public workers overpaid? Are their entitlements too cushy, their retirements too rich? How do they compare in overall compensation with their private sector peers?

Deck Shuffled For Legislative Leaders

House and Senate Committees Take Shape

February 4, 2011: Senate President Therese Murray and House Speaker Robert DeLeo have each shuffled the deck with a realignment of their respective leadership teams for the new 2011-2012 Legislative Session. Of direct importance to public retirees are the Joint Committee on Public Service, as well as the respective House and Senate Ways and Means Committees.