US - A governmental report on reform of Massachusetts state benefits has found many public employees' pension income risks taking them below the poverty line, despite widespread public perception of excessive payments.
The report, compiled by the Massachusetts House Special Committee on Pensions assessed a variety of different pension provision form a various state bodies and found a lack of homogeneity in benefi...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here