reamortization

Mass. set to make pension changes, including reamortization

September 15th, 2011 at 10:05 am by 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‚Äôs $17 billion unfunded pension liability by pushing back retirement ages, closing loopholes and ending perceived abuses in the system.

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