Posts tagged Massachusetts Fiscal Alliance
Unions in uproar over Gov’s plans to tap pension fund for economic development grants
June 15, 2026 // The Pioneer Institute for Public Policy Research is echoing the same call, saying the governor should not be directing money from the state’s pension fund towards “preferred companies.” “The state’s pension fund is not an economic development program. The state owes taxpayers and retirees the best risk-adjusted returns possible,” Pioneer Institute COO Mary Connaughton told the Herald. “It should invest its pension assets based on sound financial judgment, not direct them toward preferred companies or limit investments by geography.”