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MBTA retirement fund is headed for a financial reckoning

Por: The Boston Globe Opinion June 19, 2023

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The MBTA Retirement Fund is going over a cliff, and the reasons why are well known. But neither the T nor its unions are in a hurry to do anything about it.The new MBTA Retirement Fund Actuarial shows the fund’s balance as of Dec. 31, 2022, was $1.62 billion — about $300 million less than what it was just 12 months earlier. Its liability — the amount it will owe current and future T retirees — is over $3.1 billion, meaning the fund is... + full article



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