Your Retirement

Articles about Your Retirement that may be useful to Massachusetts retirees.

SPRING MEETING IN LEOMINSTER

Members, from the Fitchburg, Leominster and the surrounding areas, filled the room to capacity to hear and meet with Association officers at the recent spring meeting in that region. “They come to Leominster to get the latest news, see old friends and have their questions answered in person,” comments Association Conference Planner Leo Delaney. “Like many Association events throughout the state, this meeting has become extremely popular as you can see by this overflow crowd.”

Home Fuel Assistance: Apply Before May 1

MARCH 2006 - Last year, over 134,000 individuals received help with their home fuel bills through the state's LIHEAP (Low Income Home Energy Assistance Program), which is funded by the federal government. You must apply for help before this May 1.

Mailing Dates For 2006 State And Teacher Pension Checks Announced

JANUARY 2006
- State Treasurer Tim Cahill has announced the mailing dates of State
Retirement Board and Teachers' pension checks for the calendar year
2006.

Teachers Retiring In Record Numbers

JANUARY 2006
- RetirementPlus Boosts Pensions - Massachusetts' public school teachers have been retiring in record
numbers. According to the latest actuarial data provided by the Public
Employee Retirement Administration Commission (PERAC), there were
32,631 retired teachers on January 1, 2001, compared to 42,164 on
January 1, 2005 - an increase of 29.21%.

Homestead: Protect Your Home

NOVEMBER 2005
- Even though you may have planned for the proverbial "rainy day", you
may regrettably find yourself unable to pay all your bills at some
point. If such an unfortunate turn-of-events occurs, could you have
done something to at least prevent your home from being sold right out
from under you?

Mass. Pensions And Income Taxes In Other States

SEPTEMBER 2005 - When considering a move outside the Commonwealth, there are naturally several factors that a member weighs before making a decision. Among them is whether their contributory pension, which is not subject to tax here, will be taxed by the prospective new home state.

Few Retirees Seek Return To Work Under New Law

JULY 2005
- Last year, a new law (Section 105 of Chapter 32) was enacted that
allowed retirees, on a regular (not disability) pension, to resume
full-time public service and be reinstated as an active member of a
retirement system. They could then retire later with an enhanced
pension benefit.

Heating Assistance Available

MARCH 2005
- Application Deadline: April 30 - You have until April 30 to apply for help to pay your heating bills
during this winter. Funded through the federal government, the state's
LIHEAP (Low Income Home Energy Assistance Program) has been providing
assistance to an average of 130,000 individuals and/or families for
more than 25 years.

Circuit Breaker Law Offers Property Tax Relief

JANUARY 2005
- Tax time is fast approaching. Because our public pensions are not
taxed by the Commonwealth, many members do not find it necessary to
file a state tax return.

2004 Annual Meeting: New Location & Many New Faces

NOVEMBER 2004
- This year, the 36th Annual Meeting of our Association was held at a
new venue - the Sheraton Colonial in Wakefield on September 17.