July 19, 2022
New Report: Massachusetts Maintains Reasonable Debt Relative to GSP
Massachusetts has more debt than any New England state. Can we afford to pay it off or will we hand it down to future generations?
unfunded liabilities
February 19, 2019
Study Says State Unfunded Pension Liability Rising Despite Recent Reforms, Overall Strong Economy
More responsible assumptions about pension fund investment performance partially responsible for increase BOSTON – Despite several reform bills targeted at the Commonwealth’s public pension system in recent years, the unfunded actuarial accrued liability (UAAL) has continued to rise and is drawing closer to...
January 30, 2014
MA Retirement Systems in Critical Condition, Fiscal Risks Remain High
Expert Testimony: Several Retirement Systems in Critical Condition, Fiscal Risks to Remain High New accounting rules will demand higher pension contributions; unfunded retiree healthcare liabilities major long-term threat BOSTON – The unfunded liabilities of several retirement systems in the state may precipitate...