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Lussier Heads To Washington
MAY 2003 - Modernized Teachers’ Retirement Board - With the resignation of Teachers’ Retirement Board Director Tom Lussier, the unprecedented exodus of the leaders of the Commonwealth’s three largest retirement boards has been completed.
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Layoffs Certain In Cites And Towns
MARCH 2003 - Governor Files New Municipal Early-Out - Even though an estimated 2,300 employees of local governments within our state retired under early retirement incentive (ERI) programs last year, it quickly became apparent that another such option was needed again this year.
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State Layoffs Continue Despite
MARCH 2003 - Last Year’s Early-Out Offer - A total of 4,575 state employees accepted the Commonwealth’s early retirement incentive plan in 2002, well short of the hoped for 7,000 retirements.
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Budget Nightmare Hits Home
MARCH 2003 - Retirees Weather Multi-Billion Dollar Deficit - In what is being described as the worst fiscal emergency since the Great Depression of the 1930s, state officials are trying to cope with a huge multi-million dollar deficit for the current fiscal year, while bracing for what could amount to a $2-3 billion deficit next year.Over the course of the last 18 months, state officials have been able to balance the books by tapping nearly $2 billion from reserve accounts, raising just over $1.1 billion in new taxes, and dramatically cutting many state programs. Among those programs either cut or altered is the elimination of the retirees’ 2003 Medicare Part B refund ($28.8 million), along with the extension of the Commonwealth’s pension funding schedule ($100 million).
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Menton Appointed To CRAB
JANUARY 2003 - Will Rule On Pension Appeals - Retired Judge Paul Menton, who once chaired the Public Employee Retirement Administration Commission (PERAC), has been appointed to the state agency which rules on all pension disputes.Menton was recently appointed, by Acting Governor Jane Swift, to the long vacant position on the Contributory Retirement Appeals Board (CRAB). The state's pension officials had called on Swift for over a year to fill the position.

As one of three Board members, Menton will be responsible for ruling on hundreds of retirement appeals that are filed with CRAB each year. The cases range from disputes over retirement calculations to disabilities.

The other two members of CRAB are Joseph Martin, who is a deputy director with the Public Employee Retirement Administration Commission, and Assistant Attorney General Anthony Penski, who serves as chairman.

Former PERAC Chairman

The CRAB appointment is yet another role that Menton has taken on in his long career in public service. The former district court judge was an FBI agent, state representative and counsel to the House of Representatives, before being appointed to the bench by former Governor Michael Dukakis.

Menton was chosen in 1996 to be the chairman of the newly formed PERAC, which is the state agency responsible for regulating the state's pension law. To become chairman, Menton was chosen by the other six PERAC Commissioners, who are, themselves, appointed by the governor and auditor.

Although Menton resigned after about a year as chairman, he did play a key role in the early formation of the agency. This included looking outside of Massachusetts to bring in former Executive Director Bob Stalnaker from Alaska. Stalnaker resigned in 1999, due to personal reasons. Joe Connarton is the current executive director.

 
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