public pension

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 systems forfeited some $2.9 billion over 30 years by not investing with PRIM, probably billions more if fees and compounding are included Read coverage of this report in the Boston Herald, The Bond Buyer, and Associated Press. BOSTON – The commonwealth should...