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.

Transparency and Ethics: How do the Public Records Law and State Ethics Law apply to the MBTA Retirement Board?

On February 25, 2014, the Joint Committee on Public Service will be holding a public oversight hearing on the MBTA Retirement Fund. Below, please find an overview of the applicability of the public records law and state ethics law to the MBTA Retirement Fund and Board. PUBLIC RECORDS LAW APPLICABILITY In May of 2013, Senator […]

Invitation to Public Oversight Hearing on the MBTA Retirement Fund

Senator Brownsberger and Representative Aaron Michlewitz, Chairs of the Joint Committee on Public Service, issued the following invitation to a public oversight hearing of the Joint Committee on Public Service.   TO:                   Individuals listed in Attachment FROM:            Representative Aaron Michlewitz and Senator William N. Brownsberger, Chairs of […]