Senate Adopts New Rules, Reflecting Transparency and Openness, for 2015-16 Session

This is the earliest the rules have been adopted by the Senate since they moved to a two year session in 1995. The new rules reflect the priorities of openness and transparency for Senate business that Senate President Stanley Rosenberg (D-Amherst) promised in his inaugural Senate address on January 7th.

Pension Fund Transparency Update

Last week, the MBTA reached agreement with its largest union, Local 589, on a new collective bargaining agreement which includes commitments to increase transparency of the union’s pension fund. Concerns about the issue aren’t fully settled, but this is real progress and I commend the MBTA, the union’s leadership and the fund itself for these major steps towards transparency.

MBTA Pension Transparency

Back in 2008, I became aware and concerned that the MBTA Retirement Fund is not subject to the same transparency rules that apply to state agencies. My understanding of this issue has greatly evolved over the past few months: While I have undiminished passion for transparency, I have to admit that the Retirement Fund is …