From the Media

Bad pension policies should not be grandfathered

EDITORIAL — Lawmakers like to hold up their pension reform measures like they’ve bagged a trophy buck but the persistence of embarrassing tales of retirement bonanzas make their efforts seem less like heroic encounters and more like a game of Whac-A-Mole.

Residents face $20b retiree health tab

Study finds most cities, towns don't put enough aside

Massachusetts residents face potentially devastating tax increases in the coming years to pay health insurance benefits for retired police, firefighters, and other municipal employees, according to a new study that finds the 50 largest cities and towns alone face a retiree health care bill of $20 billion over the next 30 years.

By Sean P. Murphy Globe Staff / February 16, 2011