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Learn about the history, types, and funding of public sector pensions at the federal, state, and local levels of government in the U.S. Find links to each state's retirement system and external sources for more information.
In 1922, the Massachusetts General Court passed legislation creating the department of administration and finance. The department replaced the office of supervisor of administration and assumed many of the duties of the superintendent of buildings, Secretary of the Commonwealth, state treasurer, and state auditor. [2]
Learn about the political structure and officials of the Commonwealth of Massachusetts, a presidential republic and federated state. Find out who is the current governor, lieutenant governor, and other constitutional officers, as well as the federal representation and courts of the state.
Learn about the history, mission, bureaus and programs of the state agency that oversees public health in Massachusetts. Find out how it responds to communicable diseases, environmental hazards, health disparities and more.
Massachusetts businesses with more than 25 employees must disclose salary ranges when posting jobs, under a new bill signed into law Wednesday that puts the commonwealth in line with 10 other ...
The reason, Ghilarducci says, is partly due to the current retirement system, which places the onus on workers to manage their own savings decisions through their 401(k)s and similar plans.
PBGC is a federal corporation that insures the benefits of about 35 million participants in single-employer and multiemployer pension plans. It pays monthly retirement benefits to over 800,000 retirees and has a surplus of over $37 billion as of 2022.
Maura Healey is the 73rd governor of Massachusetts and the first openly lesbian woman elected to statewide office in the state. She served as attorney general from 2015 to 2023 and led the state's challenge to the federal Defense of Marriage Act.