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Workforce Characteristics and Wages in the Public and Private Sectors
Across the country there has recently been extensive attention focused on issues relating to public employee compensation. This report examines Massachusetts wage and benefits data ...
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Demystifying the State Pension System
The Massachusetts State Board of Retirement, which administers the Massachusetts State Employees' Retirement System (MERS), was established in 1911 as the second-oldest public pension system ...
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Budget Brief: The Governor’s FY 2012 Budget Proposals for MassHealth and Related Programs
This Budget Brief on the Governor's proposals for MassHealth and related health care programs is the first in a new series being published by the ...
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Budget Monitor: The Governor’s Fiscal Year 2012 Budget
In the coming fiscal year (Fiscal Year 2012) the state is facing a budget gap of approximately $1.9 billion between the cost of providing current ...
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MassBudget Brief: Fiscal Year 2012 Chapter 70 Education Aid Preview
While projecting Chapter 70 state education aid ahead of the formal budget process is always an inexact science, the precarious economic recovery and the termination ...
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MassBudget Brief: Fiscal Year 2012 Budget Preview
This Budget Brief examines the condition of state finances as the budget process begins for the fiscal year that starts on July 1, 2011. Walking ...
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The State of Working Massachusetts 2010
Like the rest of the nation, the Commonwealth is struggling to emerge from the worst economic crisis since the Great Depression. Nationally the economy has ...
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Allowing for More Meaningful Comparisons: Taxes and Spending as a Share of Personal Income
This Facts At A Glance describes methodological issues regarding the comparison of tax and spending levels between different time periods or different states.
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The Income Tax
Massachusetts has an income tax rate of 5.3 percent. The income tax is the single-largest source of revenue for the state, with collections totaling $10.1 ...
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Demystifying the Chapter 70 Formula: How the Massachusetts Education Funding System Works
This Facts At A Glance explains the basic structure of the state's Chapter 70 formula for distributing education aid to local school districts.
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