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WIDESPREAD ACCEPTANCE OF VETS STIPEND

2007 JULY - Seventy-Eight Systems Implement Entire Law - It’s been 18 months since the local option law, Chapter 157, was enacted, that allows local retirement systems to finally allow their accidental (work related) disability retirees, who are veterans, to receive the same vets stipend, up to $300 annually, that superannuation retirees have long received. As for the state and teachers’ retirement systems, their accidental disability retirees are receiving the same vets stipend under a separate law – Chapter 161.

Local Adoption Increase in Child Allowance

An inequity, that had persisted in the retirement law for several years, was finally corrected last year. It involves the amount of the child allowance paid to a retiree on accidental disability versus the amount received by their widow (or widower) if the retiree died from their disability.
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Looking At City of Newton Pensions

2007 MAY - In the March edition of the Voice, we reported on an actuarial valuation of the Plymouth County Retirement System, showing for the first time the average pensions of a retirement system by gender. The valuation was done by Buck Consultants.
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Remember: Apply for Fuel Assistance Before April 30

2007 MAR - Last year some 143,000 households obtained assistance with their home fuel bills, according to officials that administer the state’s Low Income Home Energy Assistance Program or LIHEAP. “From calls that we received here in the office, members were among that number,” comments Association Office Manager Nancy Delaney.“If you want to apply this year (for heating bills from November 2006 through April 2007), remember that you must do so before April 30. Applications should be filed with the local LIHEAP agency in your area.”

TREASURER CAHILL ANNOUNCES 2007 MAILING DATES FOR STATE/TEACHER PENSION CHECKS

JAN 2007 - Mailing dates of State Retirement Board and Teachers’ pension checks for calendar year 2007 have been announced by State Treasurer Tim Cahill. Direct deposit dates for those members, who have chosen to utilize that service through the Treasurer’s New England Automated Clearing House, are also included.
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