Tag: MBTA Retirement Fund

MBTA wants to take an ax to retirement benefits

Boston Globe | By Adam Vaccaro | June 26, 2017 Future MBTA retirees would receive reduced pension payments and would have to work longer to earn the maximum benefit under a proposal to be unveiled at the transit authority’s board meeting Monday. James O’Brien, president of the Boston Carmen’s Union, Local 589, which negotiates the pension …

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Permanent link to this article: http://carmensunion589.org/2017/06/mbta-wants-take-ax-retirement-benefits/

Pension Fund Update

Dear Brothers and Sisters, On Wednesday, June 14, Tom Roth, president of the Labor Bureau Inc., and our chief negotiator for 42 years provided a presentation to members of the Legislature at the State House about the real status of the MBTA Pension Fund; disproving recent information released by the MBTA about the status of …

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Permanent link to this article: http://carmensunion589.org/2017/06/pension-fund-update/

Media Release: Boston Carmen’s Union Presents on Status of the MBTA Retirement Fund

BOSTON, MA (June 14, 2017) – The Boston Carmen’s Union Local 589 on Wednesday provided a presentation on the status of the MBTA Retirement Fund (MBTARF) to members of the Legislature, refuting recent information released by the MBTA about the status of the fund. MBTA management has sought to present the fund as “in crisis,” …

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Permanent link to this article: http://carmensunion589.org/2017/06/media-reease-boston-carmens-union-presents-status-mbta-retirement-fund/