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April 23, 2017
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Pension Raid
Updated On: Dec 12, 2009

The Following is a notice from the PFFM....

 

Here we go again.  Double trouble with the threat of being dumped into the state's GIC for health insurance, and a potential raid on our pensions.

PFFM members should immediately contact their Reps to oppose the Pension raid which will be voted on in the House of Representatives on Wednesday afternoon, tomorrow.  Also, please call  your Senators on HB 4110, the GIC piece which is in the Senate. Please email, call and or come to the State House Wednesday afternoon.

On the GIC:

 "I commend you for changing the title to what it really is; because it is certainly not An Act to promote quality and affordable Health Insurance through the Group insurance Commission."  click here to read the letter to legislators on the proposed GIC legislation

On our pensions:

 "If this legislation passes the following boards will be mandated to turn over all their pension assets and all of the contributions that we have put in over our careers to the State and put our pensions at risk: Amesbury, Athol, Barnstable County, Chelsea, Chicopee, Dukes County, Everett, Fall River, Fitchburg, Hampshire County, Lawrence, Lynn, Melrose, Methuen, Middlesex County, Norfolk County, Peabody, Pittsfield, Plymouth, Springfield, Waltham, Watertown, West Springfield, Winthrop and Worcester County." click here to read the entire document on the Pension Raid

 


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