The MBTA Retirement Board is balking at opening up the books of their pension fund, an action called for after passage of legislation sponsored by Senator Brownsberger. Here is The Boston Herald story. You can read more about Will’s work to end the secrecy of the MBTA pension system at this forum posting.
While the main agenda in yesterday’s transportation discussion was to fund transportation operations and maintenance, we passed a number of amendments to strengthen transparency. A particular issue that had troubled many observers for decades was the secrecy of the MBTA’s pension fund. The MBTA’s pension plan has been perceived as excessively generous, allowing relatively early retirements. […]
Now that Will has announced he is running for the House of Representatives, I want to thank him for his thoughtful and principled service to his constituents, communities and the commonwealth. His is a fine record to run on, but most people may not know much about it. As a state rep and senator, he […]
Last week, a political battle that I started in 2010 ended quietly. With leadership support on both sides, the Senate and the House adopted joint rules codifying sound business practices for procurement.
The Senate passed a strong bill addressing the dry but important subject of financial policy making. Having financial policies — as opposed to making ad hoc decisions about spending and debt — forces government to think more clearly about it’s long term financial prospects.
The state’s new “Open Checkbook” website is a big step forward.