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Incoming Massachusetts Governor to Push for Transparency at MBTA Fund

Massachusetts Governor-elect Charlie Baker says he will push for more transparency and openness from the MBTA retirement fund. Baker’s statements come days after it was reported by the Boston Globe that the pension fund posted its annual report a full year late; the fund also waited a year to disclose troubles at a hedge fund that held pension money. ...
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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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