Articles about Your Retirement that may be useful to Massachusetts retirees.
Increases Annual Hour Limit to 1,200
During its debate on the FY19 State Budget, the Senate has voted to increase the hourly limit placed on retirees who return to part-time public service for a state or local entity in Massachusetts. Senators Michael Rodrigues (D-Westport) and Paul Feeney (D-Foxboro) cosponsored the measure as a floor amendment to the budget.
Increases Annual Hour Limit to 1,200
May 22, 2018: The State Senate has voted to increase the hourly limit placed on retirees who return to part-time public service for a state or local entity in Massachusetts. Senators Michael Rodrigues (D-Westport) and Paul Feeney (D-Foxboro) cosponsored the measure as an amendment to the FY19 Budget, now under debate in the Senate.
By DAVID WEBBER, New York Times MARCH 5, 2018
No issue in America today better illustrates the divergent interests of working Americans and the 1 percent than pension reform. Substantial empirical evidence shows that America’s favored retirement vehicle — the 401(k), recently renounced by its own inventors — is grossly inadequate and will leave tens of millions of Americans with insufficient retirement assets.
Nearly 3,000 Members Participated
In an effort to enhance communication and outreach with Association members, Mass Retirees conducted its first Telephone Town Hall in November. Nearly 3,000 members participated in the hour-long call, with some 500 retirees remaining on the line for the entire duration.
Firefighters Focus on Prevention
Twice a year the Mass. Association of Contributory Retirement Systems (MACRS) holds educational conferences designed to enhance the knowledge of board members and staff from the state’s 104 retirement systems. Beyond simply learning about investment practices and retirement law, attendees have the opportunity to grow their knowledge of some of the most important issues of our times.
The New Year brings extra reason to celebrate for Mass Retirees members, as 2018 marks the Fiftieth Anniversary of our Association’s founding in 1968.
In addition to the restyled newsletter banner, Mass Retirees plans to make the anniversary the focal point for much of 2018. Amongst other events, a special 50th Anniversary publication is planned for later in the year. This publication will both chronical and celebrate the numerous achievements made by Mass Retirees over a half century.
Passage May Clear Path For WEP Reform
DECEMBER 21, 2017: Now that Congress has passed and President Trump has signed federal tax reform legislation into law, analysis is underway on what it means for retirees.
State Treasurer Deb Goldberg has announced the Mailing dates for State and Teacher pension checks for calendar year 2018. Also included are the direct deposit dates for those members who utilize that service through the Treasurer’s office.
One of the Association’s primary legislative goals is to enhance the pension benefits of our veterans in recognition of their service and sacrifice for our country. During the current (2017-2018) legislative session, we continue to push for enactment of H1435 and S1393 that increase the veterans’ minimum pension from $300 to $1,000. Ed Note: While S1393 was introduced by Senator Vinny de Macedo (R-Plymouth) H1435 was introduced for us by Representative Jerald Parisella
Zebit is Online Resource Exclusively for Members
MAY 23, 2016: Our Association has some exciting news that I would like to be the first to share with you.
As you know, in addition to our advocacy work for public retirees, we also seek ways for members to save money through exclusive discount programs. Due to the success of these programs, retirees have asked that we offer more ways for members to save.
You asked. We listened.