Legislative update

Mass Retirees: Legislative Update

October 3, 2024
General Court Completes Formal Sessions with New Retiree Legislation Being Enacted 2024 is the second year of the 2023-2024 ...Read More - Mass Retirees: Legislative Update
Pension funds

State Pension Fund Achieves Record

October 3, 2024,
Prim Ends Fy24 With $105.3 Billion in Assets Last month, the state’s PRIM investment committee reported a record ...Read More - State Pension Fund Achieves Record
Health insurance

HEALTHCARE NEWS: GIC & Blue Cross

October 3, 2024
Health insurance and benefits for public retirees, both at the GIC and the local level remain a focus of the ...Read More - HEALTHCARE NEWS: GIC & Blue Cross
Blue cross blue shield

Blue Cross Municipal Health Insurance Summit

October 3, 2024
Blue Cross Blue Shield will be sponsoring a second Municipal Health Insurance Summit in which Mass Retirees will again be ...Read More - Blue Cross Municipal Health Insurance Summit
Medicare Drug Price Negotiation

Medicare Announces Drug Prices: Producing Future Significant Savings

October 3, 2024
Since its creation in the federal Income Reduction Act of 2022 (P.L.117-169), Mass Retirees has been closely ...Read More - Medicare Announces Drug Prices: Producing Future Significant Savings
Investments1

Investment Returns & Funded Ratios for 104 Retirement Systems

October 3, 2024
Key Factors Impacting a Cola Base Increase Earlier we highlighted the success that retirement boards achieved investing their pension funds ...Read More - Investment Returns & Funded Ratios for 104 Retirement Systems
Medicare

Medicare 2025 Part B Premiums Expected to Increase

October 3, 2024
Later this fall CMS (Centers for Medicare & Medicaid Services) will be announcing the Medicare Part B Premiums for next ...Read More - Medicare 2025 Part B Premiums Expected to Increase
Cola

Mass Retirees Annual Cola Update: Twenty Systems Increase Base in Fy25

October 3, 2024
For FY25, Mass Retirees is pleased to report that all 102 local retirement board have approved a 3% COLA, effective ...Read More - Mass Retirees Annual Cola Update: Twenty Systems Increase Base in Fy25
Ibis health

IBIS Health and Wellpoint Clinical Trial Study Underway

October 3, 2024
New Data Showing Reductions In Hospitalizations & ER Visits Nearly 18 months into its partnership with Wellpoint (formerly known as ...Read More - IBIS Health and Wellpoint Clinical Trial Study Underway
Elections appointments

Retirement Boards Elections & Appointments

October 3, 2024
Adams – Holli Havens-Jayko was unopposed in her reelection for her second term to the Adams Retirement Board. In addition ...Read More - Retirement Boards Elections & Appointments
2023 in person meetings header

Cape Area Meeting End of Season

October 3, 2024
Traditionally Mass Retirees begins its in-person meeting season with the September Annual Meeting. And, it ends with our Cape ...Read More - Cape Area Meeting End of Season
Medical cannibas

Studies Focus on Use of Medical Cannabis

October 3, 2024
Prevalence of Use Grows, but Lack of Guidance Persists We all know that healthcare continues to become more complicated and ...Read More - Studies Focus on Use of Medical Cannabis
Repeal wep gpo graphic 1

WEP/GPO: What’s next?

October 2, 2024,
Given the amount of activity taking place on issues directly impacting public retirees, we’re publishing two news updates for ...Read More - WEP/GPO: What’s next?
WEP GPO

WEP/GPO DISCHARGE PETITION GAINS 218 COSPONSORS

September 20, 2024,
The discharge petition to force a vote by the US House of Representatives on H.R.82, legislation to repeal ...Read More - WEP/GPO DISCHARGE PETITION GAINS 218 COSPONSORS
2023 in person meetings header

Fall 2024 Area Meetings Across the Commonwealth

September 18, 2024
With our September 13th Annual Meeting, Mass Retirees has kicked off its 2024-2025 Season of in-person area meetings ...Read More - Fall 2024 Area Meetings Across the Commonwealth
PERAC

2023 Investment Report Issued by Perac

September 18, 2024
Asset Gains For All MA Systems Exceed Expectations Since 2007, the Public Employee Retirement Administration Commission (PERAC) the state’s ...Read More - 2023 Investment Report Issued by Perac
Cola

Major Victories for Public Retirees

September 18, 2024
COLA Commission & Basic Life Insurance Increase Now Law The approval of the FY25 State Budget this July delivered several ...Read More - Major Victories for Public Retirees
Cola

House Approves Cola Commission & Basic Life Insurance Increase

September 18, 2024,
Two top priority legislative proposals, initiated by Mass Retirees, have been unanimously approved by the House of Representatives, led by ...Read More - House Approves Cola Commission & Basic Life Insurance Increase
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Fall 2024 Meeting Schedule

September 11, 2024,
Annual Meeting Friday, September 13, 2024, at 11:00 AM enVISION HOTEL & CONFERENCE CENTER 31 HAMPSHIRE ST, MANSFIELD, MA ...Read More - Fall 2024 Meeting Schedule
Weekly Update October 20, 2023 40

Fall 2024 Outlook

September 11, 2024,
SEPTEMBER 6, 2024: As we head into fall, Mass Retirees is directly involved in and focused on several important areas ...Read More - Fall 2024 Outlook