Brothers and Sisters,
As many are aware, Local 589 is currently involved in active and ongoing negotiations with MBTA management over the Pension plan. These discussions and meetings have taken place regularly and the process is continually progressing.
The memo of interpretation is an agreement that has already been reached by the parties and remains in effect moving forward. Those who are less than 5 years from retirement with 18 years of credible service or 60 years of age or older as of August 26, 2022, are still protected.
Local 589 is confident the parties will reach agreement through these negotiations to protect the pension benefits for all members.
Boston Carmen’s Union, Local 589