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In recent months, Senator Brownsberger has engaged in discussions with government officials regarding the actuarial target rate of return for the Massachusetts Pension Reserves Investment Management Trust fund (PRIT). The PRIT fund is the state’s pension fund, established by the legislature in 1983 to address the state pension system’s unfunded liability. PRIT’s long-term actuarial target …
Continue reading “The 8.25%: PRIT’s long-term actuarial target rate of return”
Here is a quick summary of how things came out — mixed results.
Will, We are disappointed by your stance on the Citizens United decision and proposed constitutional amendment to reverse it (Belmont Citizen’s Herald, March 25, and your website). You cast doubt on the alarming implications of the Court’s decision, asking “…do we, the people, feel that we need to be protected by government from hearing the …
Dear Will, According to your website, you have decided to vote against a resolution calling for a constitutional amendment to fix Citizens United. As a friend of the First Amendment, I understand your reluctance to tinker with that great bulwark of our liberties. But I have done a lot of thinking, speaking and writing about …
Senate 304 is the practical Massachusetts response to the Citizens United Case.
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.
