The Bombshell Cheiron Report: The MBTA Just Got A $1.485 Billion Pension Bill That It Can’t Possibly Pay

This report asserts that with the current MBTA pension agreement set to expire in June 2018 and a new evaluation projecting a $1.485 billion increase in retirement costs over the next 18 years under terms of the current agreement, the T’s Fiscal and Management Control Board (FMCB) should take immediate action to protect the authority’s precarious finances.

Download Report: The Bombshell Cheiron Report: The MBTA Just Got A $1.485 Billion Pension Bill That It Can’t Possibly Pay