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Filename | PensionComplex.pdf |
Filesize | 2 MB |
Version | 1 Previous versions |
Date added | April 19, 2017 |
Downloaded | 9353 times |
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.