The Economies of Massachusetts Municipalities Grew by 4.2% in Fiscal Year 2018, the Highest Rate of Increase Since 2008.

In a presentation to PERAC's Emerging Issues Forum and a letter to state senators, the Foundation highlights the urgency of passing legislation to reform the pension system for state and municipal employees.

Testimony of Michael J. Widmer President, Massachusetts Taxpayers Foundation Before the Joint Committee on Public Service In Support of the Governor’s Pension Reform Proposal

The Massachusetts Taxpayers Foundation supports the pension reform proposals advanced today by Governor Patrick with Senate President Murray, House Speaker DeLeo and Treasurer-elect Grossman. Unlike the 2009 and 2010 legislation which simply closed longstanding loopholes, these proposals offer a…

At a recent forum of the Senate Presidents, MTF President Michael Widmer was one of two national experts participating on a panel on the pension crisis facing most states. Mr. Widmer summarized the factors placing financial pressures on pension plans, the key variables determining long-term costs,…

Appearing before the Joint Committee on Public Service, MTF President Michael J. Widmer testified in support of the Governor's pension reform bill, which would save an estimated $2 billion over the next 30 years by making modest changes in the pension plan for state and local government employees…