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The latest releases, events, and articles from across MassINC.
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Reckoning with Historic Unfunded Municipal Pension Obligations
This report examines the historical decisions that contributed to these unfunded liabilities and highlights how current taxpayers are paying more than their fair share along with recommendations for the future.
March 25, 2025
- As of 2023, recent generations of Massachusetts taxpayers paid an estimated $22 billion more than their fair share to cover local pension obligations left by prior generations, yet these local plans still have an estimated $8 billion in unfunded liabilities.
- Current taxpayers face additional costs because most of the pension funds are managed by local boards that have underperformed the state pension fund by more than $5.4 billion since the 1980s.
- Geographic disparities associated with uneven changes in population since the late 1970s have exacerbated this burden for residents of some communities, including many Gateway Cities.
- This pattern means lower-income residents and people of color shoulder an inequitable share of legacy pension costs. Since the 1980s, Gateway City residents have paid billions more than their own generation’s fair share to cover local pension costs, with more than $5 billion in appropriations made for legacy pension costs since 2010.
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Early College Life Sciences Pathways
Expanding Early College access and strengthening career-connected learning are critical to ensuring Massachusetts maintains a competitive, skilled workforce. This report outlines four key objectives to guide an expansion strategy that state leaders are currently developing.
March 3, 2025
- Early college is Massachusetts’ most systemic and impactful effort to increase college access and success. Marrying this educational equity strategy with industry-led efforts to grow the life sciences workforce will deliver stronger results on both fronts.
- Building robust Early College life sciences pathways is a difficult and complex undertaking that requires strong industry involvement. At present, the industry has very little awareness of the state’s Early College strategy, and there has been no formal effort to engage the sector in the state’s ambitious Early College initiative.
- With the Massachusetts Early College Initiative conducting its first strategic plan and the state’s Life Sciences 3.0 economic development package signed into law, the coming months will be decisive. The actions leaders take to enable the growth of Early College life sciences pathways will heavily influence the ability of Massachusetts students to participate fully in this cutting-edge industry for years to come.
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Opening the Doors to the Jobs of the Future
Expanding Early College access and strengthening career-connected learning are critical to ensuring Massachusetts maintains a competitive, skilled workforce, and this report outlines four key objectives to guide the state’s expansion strategy.
March 3, 2025
- Massachusetts must significantly expand Early College programs to reach more low-income students, as current enrollment remains too limited to make a substantial impact. The state should prioritize high-potential high schools and utilize hybrid or online learning models to ensure accessibility, particularly for students in rural areas.
- Current Early College programs lack structured connections to high-demand industries like health and STEM. A more robust program should integrate specialized advising, career development experiences, and credit accumulation targets, while also aligning Early College with Innovation and Career Pathway (ICP) programs.
- Expanding Early College to middle-income students can create more diverse learning environments, strengthen urban schools, and support high school redesign in smaller districts. Targeted strategies include regional partnerships, urban magnet schools, and enrollment goals that promote integration in Boston and the Gateway Cities.
- Sustainable Early College expansion will require clear governance structures, accountability measures, and administrative capacity. Some necessary policy changes will need to be addressed through board decisions, legislation, and budget appropriations.
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Event Recap: School Centered Neighborhood Development
February 20, 2025
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MassINC Welcomes Joe Kennedy III to the Board of Directors
January 10, 2025
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Merry MassINC Greetings
As we reflect on a year of growth, collaboration, and progress, we’re reminded of the unique power of policy and research to unite people and inspire meaningful change.
December 19, 2024