As an Association representing public retirees who are living on fixed incomes, we are extremely mindful of the need to diligently manage our operating costs and keep our Annual Membership Dues as low as possible.
While we do run a tight ship, the sharp rise in inflation since 2021 has forced our hand and requires a dues increase. Starting in July, when the 2025-2026 renewal process begins, yearly dues will be $46 for all members. The cost of an annual membership for new members has been $46 since February.
Despite our non-profit status as a 501(c)(5) organization, Mass Retirees faces the same cost pressures as most other businesses and organizations. And while our labor costs have remained quite stable, it is the sharp increase in our operational costs that have most impacted our budget. For example, printing and postage costs alone have risen significantly, along with rent and utilities.
In terms of our office location, it is true that it would be less expensive for our office to be located outside of Boston. Since early in 1969, we have been located on the 3rd floor of 11 Beacon Street for a reason – the location puts us in the heart of Beacon Hill, less than a block from the State House and other important state office buildings. Part of why Mass Retirees has a long history of effectiveness is that we are where the decision makers are.
We would be remiss if we did not acknowledge and thank those members who choose to include an additional donation along with your Annual Membership Dues payment. Your generosity and support have helped supplement the Association’s budget and staved off earlier and more substantial dues increases.
Our hope is that $46 Annual Dues is enough to fund the operations of Mass Retirees for at least the next few years, without the need for further increases in the foreseeable future.
Thank you for being a member, as well as for your support of Mass Retirees.