Massachusetts State Employees’ Retirement System

Pension expenditures in the two largest public pension systems are on the rise in Massachusetts, so it's important to understand the factors behind the growth in annual payouts, including an increasing average pension and an increasing number of retirees.

Local retirement systems generate heavy costs, larger fiduciary risks BOSTON – Massachusetts’s 102 local pension systems typically report administrative costs that are much higher than those of the Massachusetts State Employees’ Retirement System (MSERS), according to a new study published by Pioneer Institute....