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Massachusetts Liberal

Observations on politics, the media and life in Massachusetts and beyond from the left side of the road.

Wednesday, January 19, 2011

What's wrong here?

Deval Patrick has proposed an overhaul of the state pension system that appears to have the support of House and Senate leaders and maybe even the unions. Heck, even the Herald is bored.

Something's not right.

The proposal raises the minimum retirement age, has employees pay more for the own future benefit, outs in a penalty for early retirement and attempts to set the system on a sound foundation.

It would even require Sal DiMasi to pay back benefits when/if he is convicted of corruption charges. Coming on top of a law that closed some of the most egregious loopholes, what's not to like?

I guess we'll find out when an army of lobbyists present amendments to the bill that will exempt their clients from this important step. Here's hoping we'll find out who they are representing and why their clients are "special."

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Anonymous Anonymous said...

Why should employees with only a couple of years time in be exempt from this proposal except to try and minimize the sure to be furious opposition from employees, their families, and other unions? For that matter, I see no reason why the proposal shouldn't be extended to all employees beyond, say, 5 years from retirement. Also, just eliminate the issue of getting phony promotions to bump up pensions, and make pensions dependent on an average of earnings, not earnings the day before filing for retirement. Do I sound bitter, you bet.

January 19, 2011 10:13 AM  

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