From the Media

State to offer early retirement deals; layoffs may follow

Baker to start by offering enhanced-pension deals, hopes for 4,500 takers

By Joshua Miller Globe Staff  March 02, 2015

Facing the prospect of a daunting state budget gap, Governor Charlie Baker will file legislation this week aimed at enticing thousands of state employees to retire early. But if the move does not generate the expected savings, workers will be laid off, a top official said Sunday.

Goldberg brings competitive nature to treasurer role

Goldberg brings competitive nature to treasurer role

By Beth Healy
Globe Staff  February 24, 2015

Deborah Goldberg settles into a chair by the fireplace in the state treasurer’s office, the first woman to take residence there in a dozen years. She has rearranged the furniture, living-room-style, to be more inviting.

Deb Goldberg for state treasurer

The Massachusetts state treasurer could stay busy with the basic responsibilities of managing the state’s cash flow and debt. But the holder of the office has a much broader portfolio, overseeing the state school building fund, lottery, alcoholic beverages commission, public pension fund, state retirement board, and other duties. The position demands an executive with high energy and wide-ranging experience. That candidate is Democrat Deb Goldberg.

Benefits well earned

A Herald editorial cites a recent report by the Massachusetts Taxpayers Foundation on health insurance coverage for retired public employees (“The retiree dilemma,” Sept. 27). Like similar reports filed by the MTF in recent years, this report we believe is flawed and biased toward an ideological position, to cut retiree benefits.

In addition to cherry-picking its data to paint the most dire results, the MTF fails to account for reforms passed in 2009 and 2011. Communities opting into the new laws have collectively saved nearly $250 million in their first year.

The retiree dilemma

September 27, 2014

Boston Herald Editorial

Among those items of unfinished business the Patrick administration — and this sitting of the Legislature — leave behind is any attempt to reform the health care benefits paid to retired municipal workers that are bankrupting the state’s poorest communities.

Deb Goldberg for State Treasurer - "Court"

Leominster Retirement Board hit over pension-hike denial

By Jack Minch

LEOMINSTER -- A statewide association representing retired municipal employees is criticizing the city's Retirement Board for voting in July not to give retirees a cost-of-living pay increase in their pensions for the fifth straight year.

U.S. Public Pensions Show Biggest Investment Gain in Three Years

U.S. state and local-government pension investments gained the most in three years as stocks soared, according to a report to be released today by Wilshire Associates Inc.

Retirees Endorse Kerrigan in lieutenant governor's race

The Retired, State, County and Municipal Employees Association of Massachusetts announced its unanimous endorsement of Steve Kerrigan for lieutenant governor, noting that the former longtime aide to Sen. Ted Kennedy is the right person to help lead Massachusetts forward.

The endorsement comes on the heels of Kerrigan’s victory at the Massachusetts Democratic State Convention in June. The former Lancaster selectman won the most support among the four candidates for lieutenant governor.

Pension Deal Edges Detroit a Step Closer to Recovery

New York Times
April 16, 2014

Detroit’s pension boards and a retirees’ group say they have reached tentative agreements with the city that could serve as a breakthrough in its quest to settle with its major creditors and propel itself out of bankruptcy before the end of the year.