(Source: Boston Herald, June 26, 2017)
BOSTON — The MBTA is taking aim at its troubled retirement system with a new proposal that would slice into the transit agency’s retirees’ benefits and require employees to work longer to max out their pensions. Under the proposal, the T could cut a retirees’ annual pension by half the value of a worker’s Social Security income in an approach T officials are billing as an “integrated” approach.
Full story: Boston Herald