Tag: pension fund

Amid controversy, MBTA Retirement Fund performing better in 2017

Boston Globe | By Adam Vaccaro | July 21, 2017 Under fire for lackluster performance and secretive practices, officials managing the Massachusetts Bay Transportation Authority pension fund said its investment returns have improved considerably in the last year. Boston Carmen’s Union Local 589, whose members have three of the pension fund’s board seats, released figures …

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Permanent link to this article: http://carmensunion589.org/2017/07/amid-controversy-mbta-retirement-fund-performing-better-2017/

Letter to the Editor: Pension fund is not the way to fix the T

Boston Globe | July 10, 2017 The Boston Carmen’s Union has proved that we want to be a part of the solution at the MBTA. As the drivers, operators, and repairers of the buses, trolleys, and tracks, we know firsthand that the system needs significant investments. But you can’t fix the MBTA by cutting employees …

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Permanent link to this article: http://carmensunion589.org/2017/07/letter-editor-pension-fund-not-way-fix-t/

MBTA, T union make deal on pension data

  Boston Herald | Friday, May 16, 2014 | By Matt StoutThe MBTA and the T union that fought long to keep its pension fund secret have agreed to make public reams of new data — including independent audit reports, investment info and never-before-released analysis — in a deal that a top lawmaker said should finally shed …

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Permanent link to this article: http://carmensunion589.org/2014/05/mbta-t-union-make-deal-on-pension-data/