Retirement Systems

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

Early retirement plan drawing fewer applicants than predicted

Governor Charlie Baker’s early retirement plan is on pace to draw fewer applicants than his administration predicted, a gap that could prompt state government layoffs later this year.

Death of Pittsfield's Gerard Miller

Death of Pittsfield's Gerard Miller

It is with great sadness that Mass Retirees announces the death of our long-time Western Mass. Vice President Gerard “Jerry” Miller. Jerry was a retired Pittsfield Fire Lieutenant and chairman of the Pittsfield Retirement Board.

State to offer early retirement deals; layoffs may follow

Baker to start by offering enhanced-pension deals, hopes for 4,500 takers

By Joshua Miller Globe Staff  March 02, 2015

Facing the prospect of a daunting state budget gap, Governor Charlie Baker will file legislation this week aimed at enticing thousands of state employees to retire early. But if the move does not generate the expected savings, workers will be laid off, a top official said Sunday.

ATTENTION STATE RETIREMENT SYSTEM MEMBERS

ATTENTION STATE RETIREMENT SYSTEM MEMBERS

THERESA MCGOLDRICK ENDORSED FOR STATE RETIREMENT BOARD

Retired state employees who are members will shortly receive a ballot for a very important election. As you know the State Retirement Board has two elected members who serve on staggered three-year terms – Ralph White and Theresa McGoldrick

RETIREMENT SYSTEMS ISSUE 2014 1099

Blizzard May Cause Postal Delays

JANUARY 29, 2015: Tax documents for retired Massachusetts public employees are now in the process of being issued by the 10 retirement systems.

The IRS gives retirement boards (and all employers) through January 30th to issue 1099s to those retirees and surviving spouses who received a retirement allowance in 2014. Some systems have already mailed the forms to retirees. All members should receive their 1099 document by the end of the first week of February.

Boston Retirement Board Election Underway

Retirees Support McLaughlin & O’Reilly

AUGUST 29, 2014: An election is now underway for the two elected positions on the City of Boston’s Retirement Board. Our Association is proud to support the reelection of Boston teacher Michael McLaughlin, along with the election of Boston fire fighter Michael O’Reilly.

Leominster Retirement Board hit over pension-hike denial

By Jack Minch

LEOMINSTER -- A statewide association representing retired municipal employees is criticizing the city's Retirement Board for voting in July not to give retirees a cost-of-living pay increase in their pensions for the fifth straight year.

Leominster's COLA Denial For Fifth Year Unconsionable

Mayor Mazzarella Controlled Board Manipulates Funding Schedule and Treats Retirees as Second Rate

SEPTEMBER 2014 VOICE: By any fair measure, five years is a considerable amount of time. It’s half a decade, longer than a presidential or gubernatorial term in office and exceeds the time spent in high school or college. For Leominster’s retirees and survivors five years may only be the beginning of their wait for a modest and much needed cost-of-living adjustment (COLA).

2014 COLA Approved For July Checks

3% For Most Retirees & Survivors

JULY 18, 2014: With the approval of a 3% COLA for state and teacher retirees contained in the FY15 budget signed into law by Governor Deval Patrick on July 11, members can be assured of receiving a new COLA payment in their July pension check. The state has maintained the COLA base at $13,000, thus setting the maximum annual COLA at $390. Eligible retirees for the 2014 COLA are those having retired prior to July 1, 2013.

President's Message

President's Message

Let's Deal With The Facts, Not An Agenda

July 2014 Voice: We’ve all seen the steady stream of headlines and heard the sound bites declaring public pension systems a disaster, unsustainable or a failure. To the average citizen these are examples of bloated entitlement programs run amuck. For public retirees, these reports portray a nightmare scenario in which their retirement security is in jeopardy.