Your Retirement

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

Many Workers in Public Sector Retiring Sooner

NT Times

MADISON, Wis. — As states and cities struggle to resolve paralyzing budget shortfalls by sending workers on unpaid furloughs, freezing salaries and extracting larger contributions for health benefits and pensions, a growing number of public-sector workers are finding fewer reasons to stay.

MEMBERS CAN RENEW 2012 DUES ONLINE

Member Management System Launched

NOVEMBER 28, 2011: For the convenience of our members, the Association is pleased to now offer the option for members to renew their annual Association dues online through a secure website portal. Members wishing to utilize this new feature should click here to proceed.

HOUSE PASSES PENSION REFORM 3

COLA Base Increase & Retiree Benefits Included

NOVEMBER 4, 2011: Phase III of Pension Reform has now passed the House with a unanimous vote to further alter the public pension benefit structure for future employees. In addition to future benefit changes (affecting those first hired on or after July 1, 2012), the House plan seeks a series of benefit enhancements for current retirees.

OVER 500 ATTEND ANNUAL MEETING

OVER 500 ATTEND ANNUAL MEETING

Special Recognition to 10th Anniversary of 9/11

SEPTEMBER 20, 2011: With the nation preparing to recognize the 10th anniversary of 9/11, two days prior to that date our Association's 43rd Annual Meeting, over 500 members gathered on September 9th and in our own way, we opened the meeting with a remembrance of that never-to-be forgotten day.

New Law Targets Pension Systems

SEPT 2007 - Association Opposed Passage -  Legislative leaders handed Governor Deval Patrick a hard fought victory in July with the passage of a new law that turns the pension assets of so-called “underperforming” retirement systems over to the state’s PRIT Fund for investment.

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.

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%.

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.

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?