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Retirement Systems
Tenny Elected President
SEPT 2007 - Over five hundred retirement board delegates and staff of the Commonwealth’s 106 retirement systems assembled at the Sheraton Hyannis this June for the annual conference of the Massachusetts Association of Contributory Retirement Systems (MACRS).
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New Law Targets Pension Systems
SEPT 2007 - Association Opposed Passage -  Legislative leaders handed Governor Deval Patrick a hard fought victory in July with the passage of a new law that turns the pension assets of so-called “underperforming” retirement systems over to the state’s PRIT Fund for investment.
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SPRING MEETING IN LEOMINSTER
Members, from the Fitchburg, Leominster and the surrounding areas, filled the room to capacity to hear and meet with Association officers at the recent spring meeting in that region. “They come to Leominster to get the latest news, see old friends and have their questions answered in person,” comments Association Conference Planner Leo Delaney. “Like many Association events throughout the state, this meeting has become extremely popular as you can see by this overflow crowd.”
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SALEM MAYOR NAMES HERSELF TO RETIREMENT BOARD
In an unusual, but not unprecedented move, Mayor Kim Driscoll of Salem has appointed herself to the Salem Retirement Board.
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PROFILE MALDEN RETIREMENT BOARD
2007 JULY - When we first visited the Malden Retirement Board in 1995, it was during the days of three-member boards, before landmark “pension reform” legislation took hold a year later.
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