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Retirees Benefit From Pop-Up |
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NOVEMBER 1998 - Municipalities Implement New Law - Retirees
from across the Commonwealth have begun to reap the benefits of the new
Option C “Pop-Up” law passed in July. Hundreds of eligible members from
the state and teachers’ retirement systems have seen their pensions
increase from 15-25%.
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"Needham Bill" Nears Final Passage |
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NOVEMBER 1998 - All
signs point to the Legislature taking final action on H-5369 before
1998 ends. Labelled the “Needham bill,” referring to the Needham
retiree whose controversy triggered the bill’s introduction (see
September Voice), H-5369 allows retirement boards to forgive a retiree
for certain overpayments in his pension.
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Legislative Agenda In Works for 1999-2000 |
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NOVEMBER 1998 - Lobbying Team Ready For New Session - Just
as the 1997-98 Legislative session winds down, our Association’s
legislative team is gearing up for the new session set to convene in
January.
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County Government Systems Seek To Reorganize |
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NOVEMBER 1998 - Legislation On Deck Before House - In
what has become a Beacon Hill soap opera of sorts, the retirement
systems of the state’s abolished counties are seeking legislation to
reorganize into regional retirement systems.
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Budget Passes Amid Fiscal Nightmare |
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SEPTEMBER 2002
- State/Teacher COLA Intact; Insurance Saved - With tax revenues continuing to fall, the Legislature has passed the
$23.4 billion 2003 state budget, which took effect this July 1. Of
great importance to state and teacher retirees is the 3% COLA, which is
contained within the budget.
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