Retirement Systems

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

Ralph White Steps Down From State Board

Ralph White Steps Down From State Board

Association President Frank Valeri Is A Candidate For Seat

October 17, 2016: Former Association President Ralph White has decided to step down from serving as one of the elected members for the State Retirement Board. He was first elected to serve on the State Retirement Board in January of 1997 and has served continuously since that time. Twenty years later his successor as Association President, Frank Valeri, has announced his candidacy to run for his open seat.

STATE BOARD BEGINS TO PAY ERIP RETIREES

Work Continues On Remaining Applications

On August 31, approximately 600 former state employees, who retired under the Employee Retirement Incentive Program (ERIP), will be receiving their first pension payment, retroactive to June 30, 2015. According to the ERIP law (Chapter 19, Acts of 2015), the State Retirement Board had 120 days (4 months) from the date of retirement (June 30) to issue pensions to the ERIP retirees.

3rd time not a charm, as Leominster board again denies pension raise for retirees

By Cliff Clark, cclark@sentinelandenterprise.com

LEOMINSTER -- The third attempt to secure an annual pension increase for city retirees failed like the first two at a meeting Tuesday morning of the city's Retirement Board.

"You ought to be ashamed of yourselves," one person shouted from a crowd of more than 50 city retirees and supporters at the board as three of its members raised their hands to deny city retirees a 1.7 percent cost-of-living increase.

Retirement Board to again take up COLA

LEOMINSTER -- Just seven days after the Retirement Board voted down the first cost-of-living increase for city retirees in five years, another attempt will be made at 9 a.m. Tuesday, according to one board member.

"We're going to try again to get a COLA for city retirees," said elected board member John Picone.

During last week's meeting, the board voted twice on proposals to raise the COLA 3 percent and 1.7 percent, respectively.

Tempers rise -- but not pensions for Leominster

LEOMINSTER -- Tension between the chairman of the Retirement Board, other board members and city retirees erupted into open hostility at a meeting Tuesday, when another attempt at securing a cost-of-living raise for pensioners failed.

"You've been lying to this board," elected Retirement Board member John Picone said to Chairman John Richard, who is also the city comptroller, in front of more than 40 city retirees in the Council Chambers of City Hall. "You've been lying to me. You've been lying to the people out here for years.

Fossil-fuel divestiture hearing: Retirees’ interests vs. environmental concerns

John Hilliard
State House News Service
June 9, 2015

During a packed hearing late Tuesday morning, supporters of bills that would divest public pensions from fossil fuel energy industry over concerns that relying on profits from those companies helps contribute to climate change.

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