Jul 02

Carmen’s Union calls for audit of MBTA pension plan


Boston Globe | By Beth Healy | July 2, 2015 Two top officers of the Boston Carmen’s Union, Local 589, who serve on the MBTA pension fund board, issued a statement Thursday calling for “an immediate, open and complete audit” of the retirement system for transit workers. According to the statement, by president James O’Brien …

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Permanent link to this article: http://carmensunion589.org/2015/07/carmens-union-calls-for-audit-of-mbta-pension-plan/

Jun 29

Exec. Board Requests Report By Harry Markopolos

2013 AR Annual Cover_0

Dear Ms. Healey, As members of the MBTA Retirement Board (MBTARF), we have read with interest and concern your two articles from Sunday, June 28, 2015 and Monday, June 29, 2015, respectively, describing a “report” authored by, among others, Harry Markopolos casting a negative light on the MBTARF’s financial and actuarial reporting. In order for …

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Permanent link to this article: http://carmensunion589.org/2015/06/exec-board-requests-report-by-harry-markopolos/

Jun 29

Legislative Alert: Protect the Taxpayer Protection Act

A harmful provision contained in the House version of the state budget seeks to exempt the MBTA from the Taxpayer Protection Act; a state law that requires private contractors to demonstrate at least one penny of savings to taxpayers before state services can be privatized. The State Senate chose not to go along with the …

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Permanent link to this article: http://carmensunion589.org/2015/06/legislative-alert-protect-the-taxpayer-protection-act/

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