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Filename PensionComplex.pdf
Filesize 2 MB
Version 1 Previous versions
Date added April 19, 2017
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Category Pensions, Unfunded Liabilities, White Papers

Date: April 19, 2017

Authors: Greg Sullivan and Iliya Atanasov

This report finds that Massachusetts’ 102 local systems (84 municipal, 12 regional and 6 “special” such as MHFA and Massport) have average per-member administrative costs that are at least triple those of the Massachusetts State Employees’ Retirement System (MSERS), with many that are far higher.