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PFML v. FMLA: To Pay or Not to Pay Leave-Takers

Congress passed the Family and Medical Leave Act in 1993 to ensure citizens’ job security should they need to take an extended leave, but it did not require any replacement wages to be paid for that time period. Then, Massachusetts passed their Paid Family and Medical Leave law in 2018 which set out requirements for employer and employee contributions to a PFML fund so that employees could get paid in addition to keeping their jobs should they need to take leave for certain reasons.

Online Sports Betting as a Form of Tax Revenue

The legalization of sports betting in Massachusetts has been successful so far in terms of bringing in tax revenue. Although there’s a chance for a dip in volume this summer, it will continue to be a strong source of revenue for the commonwealth.

Sebastian Corbat Brings Us Healthy Foods ‘From the South’

Immigrants move for many reasons, and sometimes it can be a matter of life or death if they don’t uproot. Sebastian Corbat came to the U.S. for life-saving treatment, and post-op therapy gave him both a new lease on life and a business idea: We should all have access to healthy, organic and tasty foods.

Study: Update Finds Boston Public Schools Making Slow, Uneven Progress

The Boston Public Schools (BPS) are experiencing some positive change but have a long way to go to streamline critical processes, improve school accountability, and create a realistic, school-centered budget, according to a new study from Pioneer Institute.

MBTA retirement fund is headed for a financial reckoning

The new MBTA Retirement Fund Actuarial Valuation Report shows the fund is only about 51 percent funded. In 2006, it was 94 percent funded. A “death spiral” generally accelerates when retirement system funding dips below 50 percent.