The 8.25%: PRIT’s long-term actuarial target rate of return

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 …

Governor Patrick Proclaims August 2012 Window Safety Month

Senator Brownsberger is happy to announce that as a result of a constituent inquiring about how to promote window safety, our office worked with Governor Patrick’s office and he proclaimed August 2012 Window Safety Month in Massachusetts. Below is the full press release. Click here to see is a copy of the proclamation. Here are links to websites …

69th Citizens’ Legislative Seminar in October – Constituents are Invited to Apply

The 69th Citizens’ Legislative Seminar (CLS) will be held this fall on Monday, October 15 and Tuesday, October 16 from 9:30 a.m. to 4:00 p.m. at the State House. Each senator may nominate one constituent to participate.  The CLS is a great opportunity for residents to get a firsthand look at how the legislative process works, and …