06/16/2026
Public employee pension funds are not a political slush fund.
Teachers, police officers, firefighters, correctional officers, and other public employees spent decades earning these retirement benefits. They contributed to the pension system with the expectation that their money would be invested to protect their retirement, not used to finance government projects.
Governor Healey’s proposal to use pension assets for economic development sets a dangerous precedent.
Supporters argue these investments could create jobs and generate returns. But pension funds exist for one purpose: to provide retirement security and earn the strongest possible return for retirees. Investment decisions should be based on financial performance, not political priorities.
If an investment fails, who bears the risk? Not politicians. Not Beacon Hill. The risk falls on the workers and retirees who depend on those pensions.
Massachusetts workers kept their promise. The Commonwealth should keep its promise to them.
Retirement funds belong to workers, not politicians. Protect our pensions.
If you agree, contact Governor Healey, your State Representative, and your State Senator today. Tell them to keep retirement funds focused on retirement security and reject any effort to use pension assets as a funding source for government initiatives.
Please share this post to help protect the retirement security of Massachusetts workers and retirees.
Workers unions and fiscal watchdogs are in uproar over a bill filed by Gov. Maura Healey that would tap the state’s pension system to the tune of $50M -$100M to fund economic development grants.