Breaking News

GIC Announces 2014 Health Fair Schedule

FEBRUARY 19, 2014: Annual open enrollment for the state’s Group Insurance Commission (GIC) is set to run from April 9 – May 7, 2014. If you receive your insurance through the GIC this is your opportunity to make changes to your insurance coverage for the coming fiscal year.

Middleborough Retirees Get Their Day In Court

Middleborough Retirees Get Their Day In Court

Argue Before State’s Highest Court

February 5, 2014: For more than 6 years, we’ve been reporting on the activities of the Middleborough Retiree Insurance Group (MRIG) which organized back in ’07. “Our Association has a tradition of working with local retiree groups, particularly on the issues of municipal health insurance and local pension COLAs (Cost-of-Living Adjustments),” according to President Valeri. “That relationship includes Middleboro.

Association Meets With Federal Officials

Association Meets With Federal Officials

Social Security & Medicare Central Issues

FEBRUARY 1, 2014: This past week Association President Frank Valeri and Legislative Liaison Shawn Duhamel met with members of the Massachusetts’ Congressional Delegation in Washington, DC.

Valeri and Duhamel were in the nation’s capital to attend the annual legislative conference of the National Conference of Public Employee Retirement Systems (NCPERS), to which the Association belongs. They met with the offices of all nine members of Congress, as well as Senior Senator Elizabeth Warren.

Gov. Patrick Files Final Budget Proposal

Includes 3% COLA & Funding Schedule Changes

JANUARY 22, 2014: Within the final budget proposal of his eight-year tenure as governor, Deval Patrick chose to include two provisions of critical long term importance to public retirees and surviving spouses.

As he has consistently done in the past, the governor has recommended a full 3% cost-of-living adjustment (COLA) for state and teacher retirees who retired before July 1, 2013. Like 2013, the new COLA will be paid on a base of $13,000.

Aggressive Start to 2014

Public Service Committee Meets

JANUARY 2, 2014: The Joint Committee on Public Service is off to an aggressive start early in 2014 with a public hearing scheduled for Tuesday, January 7th at 11:00 AM.

Tuesday’s hearing will focus on legislation impacting group classification of active employees. As members know, Massachusetts’ public retirement is organized into four groups (1-4), which are set in statute by the legislature.

Ralph White Reelected in Landslide

New 3-Year Term On State Retirement Board

DECEMBER 10, 2013: The Association’s Ralph White has been reelected to a new 3-year term on the State Retirement Board. White topped the ticket in a landslide, winning by more than 11,000 votes.

He received 79% of the total votes cast by the members of the State Retirement System. White has served on the Board since 1996.

Judge Approves Detroit Pension Cuts

Situation In Mass. Vastly Different

DECEMBER 4, 2013: A federal bankruptcy judge has granted approval for the City of Detroit to move forward with its bankruptcy protection plan – a plan that will include cuts to the pensions of existing city retirees and future benefits of active employees.

Massachusetts Joins Institutional Carbon Clash

Massachusetts Joins Institutional Carbon Clash

NOVEMBER 21, 2013: An article in today’s DCDB Daily Free E-Newsletter says that Massachusetts Treasurer and Receiver General Steve Grossman, Chairman of the Pension Reserves Investment Management (PRIM) Board, manager of the state’s more than $54 billion Pension Reserve Investment Trust (PRIT), has lodged support for mission-based investing focused on climate change.

Following Packed Hearing H59 Under Review

Following Packed Hearing H59 Under Review

2013 Legislative Session Winds Down

NOVEMBER 12, 2013: Hundreds of public employees from across all walks of state and local government made their concerns known at a packed public hearing on retiree healthcare reform on October 31st.

The hearing, on H59, was held before the Joint Committee on Public Service. Chaired by Senator William Brownsberger (D-Belmont) and Rep. Aaron Michlewitz (D-North End), the Public Service Committee is now conducting a thorough review of the bill.

FEDS ANNOUNCE 2014 CPI: 1.5%

No Increase For Medicare Part B Premium

OCTOBER 30, 2013: Today, the Social Security Administration announced that the Consumer Price Index (CPI) for the previous 12 months (September ’12 to Oct ’13) is 1.5%. The announcement follows recent reports by the Federal Reserve detailing historically low inflation.