PLEDGE NOW

Ex-Archdiocese Pension Manager Criticizes Retirement Plan

The cost of retiree benefits is burdening the state. It’s burdening cities, towns, even universities. But while its mainly retiree health care costs weighing down those budgets, it’s pension payments that are causing problems for the Boston Archdiocese.

The archdiocese has said it has to change the way it pays for pension plans. Specifically, pension payments for the Archdiocese’s 10,000 lay workers, including teachers, administrators and custodians. The Archdiocese wants to move to a more market-based approach.

But David Smith has come forward to criticize the plan. And Smith has a pretty good knowledge of the Archdiocese’s pension system — he used to run it.

Guests:


Other stories from this show:

Please follow our community rules when engaging in comment discussion on this site.

Host Meghna Chakrabarti introduces us to newsmakers, big thinkers and artists and brings us stories of relevance to Bostonians here and around the region. Live every weekday at 3 p.m. and 10 p.m.

  • Listen: Weekdays, 3 p.m. on 90.9 FM
  • Live Call-In: (800) 423-TALK
  • Listener Voicemail: (617) 358-0607
Most Popular
This site is best viewed with: Firefox | Internet Explorer 9 | Chrome | Safari