US EditionMassachusetts Local Pensions: Fund Count, Access, and Benefits
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Massachusetts Local Pensions: Fund Count, Access, and Benefits
Public employee pensions contribute to national savings, representing 21 percent of retirement assets according to the Urban Institute. These pensions help public workers plan and live out retirement, especially the 97 percent of Massachusetts government employees who do not earn Social Security benefits through their current job. According to US DataLabs, 240,421 retired state and local government employees in Massachusetts receive public pensi…
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