Further below see a proposal made by the Arlington Education Association for an early retirement incentive ERI for teachers. I think this concept deserves some careful study.
Pensions & Benefits
benefit improvements, disability reform, early retirement incentives, long term perspective, municipal health insurance, opeb reform, pension reform, public/private comparisons
What’s wrong with the Public Pension System?
Above all, it’s too complicated. Complexity creates abuses and inequities. It also makes the system hard to evaluate and undermines confidence in the system.
Transportation Reform Enacted
Final passage of a landmark transportation reform bill, with a bipartisan vote of 130 to 25 in the House today, signals an end to decades of costly balkanization of our transportation infrastructure. I voted in favor — nothing so controversial and complex can be perfect, but it is a very good bill.
Transportation Reform Enacted
Final passage of a landmark transportation reform bill, with a bipartisan vote of 130 to 25 in the House today, signals an end to decades of costly balkanization of our transportation infrastructure. I voted in favor — nothing so controversial and complex can be perfect, but it is a very good bill.
Strong pension reform bill to be enacted
The legislature today will enact a strong pension reform that will eliminate rules that give some employees, mostly elected officials, special advantages.
State employee health insurance premiums
Like roughly 80% of Massachusetts workers, public employees receive health insurance as part of their compensation. The issue of how much active employees should contribute to the cost of that insurance has been controversial in every recent budget season. Since the cost of public employee health insurance is just under $1 billion, the employee share …