Massachusetts Teachers Association President Max Page and Vice President Deb McCarthy issued the following statement on the state Senate taking up a bill that gives eligible teachers a second chance to enroll in Retirement Plus:
“We are pleased that the state Senate approved a fix for the unfair denial of our members’ access to the RetirementPlus program. Educators have been advocating for decades to give dedicated veteran teachers who missed the program’s initial enrollment period the opportunity to join this enhanced retirement benefit. Thousands of educators will be able to take advantage of this overdue opportunity. However, asking those eligible to enroll to pay seven percent compounded interest on their catch-up contributions stands to make this opportunity prohibitively expensive for too many. We look forward to working with the Legislature to make the final version of this bill affordable for all affected teachers so there truly is a fair fix for RetirementPlus.”
Thousands of educators will be able to take advantage of this overdue opportunity.
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