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Educators and unions push to raise pension COLA base and cap retiree health costs in H2812/S1817
Summary
Teacher unions, retired educators and AFT Massachusetts urged the Joint Committee on Public Service to advance House Bill 2812 and Senate Bill 1817 to raise the pension COLA base from $13,000 to $18,000 and limit retiree health‑insurance cost exposure.
Max Page, president of the Massachusetts Teachers Association, and other educators urged the Joint Committee on Public Service to report House Bill 2812 and its Senate partner S1817 favorably. Page said the bill would increase the dollar base used to calculate the 3% cost‑of‑living adjustment (COLA) on pensions from $13,000 to $18,000 and would ‘‘prevent’’ future increases in retiree health insurance…
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