Comments on: MBTA Pension Brouhaha http://www.pioneerinstitute.org/blog/news/mbta-pension-brouhaha Public Policy Research Fri, 09 Jan 2009 13:31:55 +0000 http://wordpress.org/?v=2.5.1 By: j cat http://www.pioneerinstitute.org/blog/news/mbta-pension-brouhaha#comment-1356 j cat Fri, 03 Oct 2008 20:38:30 +0000 http://www.pioneerinstitute.org/blog/news/mbta-pension-brouhaha#comment-1356 the MBTA retirement fund is very much unlike the other state retirement funds....this is so true...as you have stated. you have conveniently omitted the fact that this fund is private, that any changes must be voted on by the members, and this fund is solvent and fully funded.... the reason this fund is in this state of solvency is because the politics of massachusetts is not allowed to steal the funds deposited as the other funds have been raided and poorly managed... The state leaders should model the other state and municipal retirement systems to that similiar to the MBTA.....then you have a pension plan that will insure the security of its workers and provide no loss of revenue ... that along with professional management instead of political hacks running the T will never occur ...... the MBTA retirement fund is very much unlike the other state retirement funds….this is so true…as you have stated.

you have conveniently omitted the fact that this fund is private, that any changes must be voted on by the members, and this fund is solvent and fully funded….

the reason this fund is in this state of solvency is because the politics of massachusetts is not allowed to steal the funds deposited as the other funds have been raided and poorly managed…

The state leaders should model the other state and municipal retirement systems to that similiar to the MBTA…..then you have a pension plan that will insure the security of its workers and provide no loss of revenue …

that along with professional management instead of political hacks running the T will never occur ……

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