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A New Era of Pension Transparency In Boston? Not So Fast.

Last week, the Massachusetts Bay Transportation Authority (MBTA) agreed to disclose its member’s pension benefits and to beef up its previously inadequate annual financial reports. The retirement fund, called the “T” Fund, is among the most tight-lipped in the country because it is not required to follow public records laws. But a Boston Herald ...
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A Step Toward Pension Transparency in Boston

As part of recent contract negotiations, the Massachusetts Bay Transportation Authority (MBTA) has agreed to disclose more of its pension data to the public. The MBTA retirement fund is among the most tight-lipped public pension funds in the country, due to laws that exempt it from following public records laws. The MBTA will now release its members’ ...
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Retirees Blast Mass. City Retirement Board For “Criminal” Cutbacks

Retirees, labor group leaders and even a city councilman are upset at the Leominster, Massachusetts Retirement Board after the Board voted to eliminate a cost-of-living increase in pension payments for the fifth straight year. Reported by the Sentinel and Enterprise: “We think it’s unconscionable that our local retirees haven’t received ...
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