Issues

State Life Insurance Increase No Easy Task

Budget Amendments Rejected

For more than a decade, Mass Retirees has fought for an increase in the state’s basic life insurance benefit for retirees and active employees. Our goal is to increase the benefit to $10,000.

As members know, the current $5,000 benefit was established in 1985. After 33 years, the benefit no longer satisfies its original intent – to cover retirees’ funeral and burial expenses. According to the National Association of Funeral Directors, costs in Massachusetts well exceed $5,000 and can easily surpass $10,000, even for modest arrangements.

No Action Taken on Life Insurance & Moratorium Fix

Formal Legislative Session Ends July 31^st

JUNE 25, 2018: Despite the best efforts of our legislative team, as well as a wide array of union lobbyists, Mass Retirees’ amendments to the House’s Health Care Reform bill (H4617) failed to be adopted. Of the 171 total amendments filed, only 25 were successfully adopted during last week’s debate in the House.

LOCAL & TEACHER RETIREES: WE NEED YOUR HELP NOW!

JUNE 19, 2018: Mass Retirees is calling for your immediate help in advocating for our legislation that will permanently protect local retirees from future increases in the percentage of the health insurance premium that you must pay. Today, the House will begin debate on the H4617, a bill relative to healthcare reform in Massachusetts and consider an amendment that provides this basic protection to all local retirees – including retired teachers.

Raise the Death Benefit

Mass Retirees Call on House to Increase Basic Life Insurance: Adopt Amendment #99

State retirees and active employees are urged to contact their State Representative and ask that they support AND vote to adopt Amendment #99 to H4617. This proposal would increase the state’s Basic Life Insurance benefit to $10,000, utilizing a small portion of the Group Insurance Commission’s projected $99 Million surplus as a funding source.

Once Again State Pension Fund One of the Best

Mass. pension fund enjoyed highest return from private equity investments of any in country

By Jon Chesto, GLOBE STAFF MAY 23, 2018

The Massachusetts state pension fund is tops in its field when it comes to picking winners in the difficult world of private equity investments.

Senate Approves Change to Retiree Work Restrictions

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.

Trump thanks federal employees with $143.5 billion in retirement cuts

By Joe Davidson, Washington Post

President Trump really knows how to say thank you.

Just as festivities geared up for Public Service Recognition Week, which began Sunday, his administration sent a letter to Congress proposing $143.5 billion in compensation cuts for federal employees.

'Disappointing' End to State Budget Amendment Attempt

Focus Now Rests With Health Care Reform Legislation

April 27, 2018: On the fourth day of debate within the House of Representatives on the FY19 State Budget, Mass Retirees officials received disappointing news – the amendment pertaining to the State Basic Life Insurance was not adopted.

Push to Increase State Retiree’s Life Insurance Benefit

Last Raised In 1985 – Retirees Urged to Call State Reps

April 23, 2018 – Mass Retirees has launched an all-out push to increase Basic Life Insurance benefits for state retirees and employees. The current $5,000 benefit was established 33-years ago in 1985.

House Budget Debate Begins April 23rd

Retirees Back Life & Health Insurance Amendments

April 18, 2018: Mass Retirees backs four amendments to the FY19 budget, which is set to be debated in the House beginning April 23^rd. The amendments range from increasing the basic state life insurance, protecting against increases in local health insurance contribution percentages, lifting hourly restrictions on part-time work in public service and granting Mass Retirees a seat on the state’s Group Insurance Commission.

Ralph White Since 1968 the Retired State, County and Municipal Employees Association has been the leading voice for Massachusetts public retirees and their families. Join with our 52,000 members as we continue the fight.