Retirees Archives - Page 6 of 6

Early Retirement Bill - Important Information

02/16/2021:
You may have heard recent reports of a potential early retirement incentive program for Massachusetts teachers.

On Friday, February 12th, State Senator John C. Velis and State Representative Carol A. Doherty filed identical bills, currently identified as SD. 1111 and HD.1802 (these bills may be assigned new numbers in the coming weeks), on behalf of the Massachusetts Teachers Association (MTA) titled: An Act to provide a retirement enhancement opportunity for certain members of the Massachusetts Teachers Retirement System. However, please be advised that these are just proposed bills and will not necessarily result in a passed law. The journey from bill to law is a lengthy and deliberative process where bills can fail to progress out of the early stages or can be modified substantially during the process.

The Massachusetts Teachers’ Retirement System (MTRS) is currently reviewing the proposed legislation, will closely monitor its progress, and will post updates here as they become available.

If you receive an unsolicited call from an individual who is requesting that you immediately pay a sum of money, beware—it is most likely a scam. Often, these individuals will claim to be from a legitimate organization and request that you make a payment in some dubious way (such as prepaid credit cards, reloadable debit…

State Treasurer Deborah Goldberg, State Representative Lori Ehrlich (D-Swampscott) and State Senator Cynthia Creem (D-Newton) have co-sponsored legislation to divest Massachusetts public pension assets from ammunition and firearms companies. The bill, An Act requiring public pension fund divestment from ammunition and firearms, would require the Massachusetts Pension Reserves Investment Management (PRIM) Board to divest state…

Category: Retirees

Don’t fall victim to phone scams

Treasurer Goldberg partners with Legislature on gun divestment bill