GOP's Baker outlines Mass. pension overhaul plan

AP News
Posted: Dec 01, 2009 2:04 PM

Republican gubernatorial candidate Charles Baker has a plan for tightening the state's pension system he says could save Massachusetts at least $50 million per year.

Baker said Tuesday he wants to cap all pensions at $90,000, unlike the six-figure sums paid to former University of Massachusetts President William Bulger and others.

He wants to prevent workers from temporarily jumping into more lucrative jobs and collecting a boosted pension based on the increased salary. He also proposes calculating a pension over a worker's career, rather than the top three salary years.

The changes would apply to roughly 40,000 workers with fewer than 10 years of service.

The proposal builds on changes enacted this year by Democratic Gov. Deval Patrick and the Legislature.

Besides Baker and Patrick, Republican Christy Mihos and independent Timothy Cahill are running for governor next year.