Mass. set to make pension changes, including reamortization
September 15th, 2011 at 10:05 am by Ted Nesi under Nesi's Notes
Rhode Island’s beleaguered lawmakers aren’t the only ones making major changes to their state pension system this fall – the Massachusetts Senate is taking up a bill of their own today, and the debate across the border sounds familiar.
From The Associated Press (emphasis mine):
The bill … seeks to reduce the state’s $17 billion unfunded pension liability by pushing back retirement ages, closing loopholes and ending perceived abuses in the system.