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Legislation
Good Jane vs. Bad Jane
MARCH 2002 - Swift Backs 3% COLA, But Cuts Pension Funding... Again - Acting Governor Jane Swift submitted her FY'03 state budget (effective July 1, 2002) this January, containing two items of great concern to retired state employees and teachers.
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Early Retirement Underway
MARCH 2002 - 5-Year Bonus Tempts Employees - Ten years after the Commonwealth's first-ever Early Retirement Incentive (ERI) program, droves of eligible state employees are again taking advantage of a five-year service time or age bonus by agreeing to retire on March 15, 2002.
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EDITORIAL: Freeze The Tax Rollback
MAY 2002 - It probably won’t happen, but the fiscal crisis now underway in the Commonwealth calls for a freeze of the state income tax rollback.
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Governor Is Off Base With Pension Fund Proposal
JANUARY 2002 - Our Association has been more than fair with Governor Jane Swift ever since she inherited the Corner Office from Governor Cellucci. We have even gone so far as dropping "Acting" from the prefix which is commonly used by the press in referring to Swift.But when the Governor filed a proposal to arbitrarily change the Commonwealth's long-range pension funding schedule, the backbone of our state and teachers' retirement plans, she was treading on dangerous ground.
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Early Retirement Legislation Filed
JANUARY 2002 - First 6,700 Applicants Would Go By Spring - Dejavu struck Beacon Hill as Governor Jane Swift filed an early retirement bill
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