Baker said aggressive steps need to be taken to address the high costs of power in Massachusetts, a problem that constituents regularly raise with him. A report released Wednesday by the Massachusetts Taxpayers Foundation said Massachusetts industrial customers pay the third-highest electric rates in the country, after Hawaii’s and Alaska’s.
For Carolyn Ryan, an assistant director of policy and research for the Massachusetts Taxpayers Foundation, the reason for the difference is simple. "Leominster's (pension system) has been well managed," said Ryan.
Here at home, the Massachusetts Taxpayers Foundation reports that state and local governments in the Bay State have set aside only $63 billion — 43 percent — of the $146 billion needed to meet pension and health obligations for current and future retirees.