Retirement Benefits

Articles about Retirement Benefits that may be useful to Massachusetts retirees.

50 Years as the Voice of the Retired Public Employee

Founded in the fall of 1968, Mass Retirees has served as the lead advocates for all Massachusetts retired public employees for the past 50 years. 

From the Association’s humble beginnings, our mission has been to represent the interests of all public retirees at the state, local and federal levels of government. Our focus is public pension, Social Security, Medicare and retiree healthcare policy, for which Mass Retirees has become widely recognized for our expertise.

Benefit Check Delays Continue To Frustrate New Retirees

Benefit Check Delays Continue To Frustrate New Retirees

September 28, 2021: The "number-one problem" that Mass Retirees President Frank Valeri hears from his members is that it takes too long for newly retired public employees to collect their first monthly benefit check. Warning that the sizable gaps between a retirement date and a payment date put undue financial strain on workers at the end of their careers, Valeri urged lawmakers Tuesday to adopt reforms that guarantee delivery of at least partial checks by the due date. "These are the things that bother me," Valeri told the Public Service Committee.

President's Message: Share the Success!

September 2021 VoiceThere is no question that the tremendous investment success of the Commonwealth and local retirement systems should be celebrated. When modern pension funding schedules were implemented in the mid-1980s, no one could have envisioned the high level of asset gains that would come to fruition over the ensuing 36 years. 

AGGRESSIVE FUNDING & PROPER INVESTMENT MEET GOALS

September 2021 Voice: When the proper funding of our 104 public retirement systems began in 1985, the majority of Massachusetts systems were woefully underfunded. Back then the Commonwealth was the 2nd worst unfunded system in the country – second only to West Virginia! 

Weekly Update: Latest Retirement News

Weekly Update: Latest Retirement News

By Shawn Duhamel, Chief Executive Officer

Bill Gives Veterans More Runway To Buy Pension Credits

Bill Gives Veterans More Runway To Buy Pension Credits

Katie Lannan, State House News Service

JULY 28, 2021.....A pair of harbormasters and Coast Guard veterans on Wednesday asked lawmakers to approve a bill they said would make things easier on veterans adjusting to civilian life and new government careers.

House Unanimously Approves Increase in Post-Retirement Work

House Unanimously Approves Increase in Post-Retirement Work

Budget Section Boosts Hours to 1,200 Annually

April 28, 2021: Today, the Massachusetts House of Representatives approved a Mass Retirees-backed amendment to the FY22 State Budget that would increase the hours for post-retirement public sector work by 240 hours annually.

New Leadership on Beacon Hill

New Leadership on Beacon Hill

Friday, February 19, 2021: Today marks the completion of the bill filing process for the 2021-22 Legislative Session here in Massachusetts. A complete list of our Association’s legislative proposals, as well as the lead legislative sponsors of our bills, is contained within our March newsletter. You should receive your copy of The Voice this week.

FY21 STATE BUDGET SIGNED INTO LAW

FY21 STATE BUDGET SIGNED INTO LAW

December 14, 2020: Governor Baker has signed the FY21 State Budget into law. This ends the 6-month delay of a final FY21 budget and funds the Commonwealth’s operations through June 30, 2021.  

FY21 STATE BUDGET SENT TO GOVERNOR

FY21 STATE BUDGET SENT TO GOVERNOR

Includes State/Teachers’ 3% COLA & Extends Retiree Work Waiver

December 4, 2020: House and Senate leaders completed work on the $46 billion-dollar FY21 budget with both branches voting on a conference committee report in a rare Friday session. The final version now goes to Governor Baker for approval. The vote today takes us one step closer to ending the 6-month delay of a final FY21 budget.