July 2012

INROADS MADE ON COLA BASE

Counties Are Best Success Story

SEPTEMBER 2012 VOICE: When the Commonwealth’s 103 local retirement systems were released from the shackles of our restrictive $12,000 COLA base in Year 2010 a rare opportunity presented itself to the 103 retirement boards governing these systems.

In the two years (July 2011, July 2012) that have elapsed since the enabling legislation was enacted (Ch 188 Acts of 2010) a total of 39 retirement boards have been able to take advantage of this law.

HEALTHCARE COMMISSION CLOSELY WATCHED

Tasked With Reducing Retiree Insurance Costs

JULY 2012 VOICE: Retiree and labor advocates are keeping a close eye on the new Special Commission on Retiree Healthcare that is now entering its 3rd month of deliberations.

BROWN SUPPORTS WEP/GPO REPEAL

Joins Kerry & Mass. Delegation On Key Issue

JULY 2012 VOICE: U.S. Senator Scott Brown has joined his Massachusetts colleague, Senator John Kerry, in support of federal legislation that would repeal both the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO).

GIC CONTRACTS UP FOR RENEWAL IN FY14

Will Blue Cross Submit Bid?

JULY 2012 VOICE: The start of Fiscal Year 2013 marks the last remaining contract year for the state Group Insurance Commission’s six health insurance carriers. All told, the GIC offers a selection of six different Medicare and eleven different non-Medicare plans.

Under state law, the GIC cannot extend its contracts beyond five years. Typically, the agency will award a three-year contract with the option for two one-year extensions.

GROUPS SEEK TO CUT RETIREE HEALTH BENEFITS

Cite Current & Future Costs

JULY 2012 VOICE: As the strongest advocates for cuts in pension and healthcare benefits, neither the Mass. Taxpayers Foundation (MTF) nor the Mass. Municipal Association (MMA) should be unknown to most public retirees.