Category Archives: Treasurer


Karyn Polito Candidate for State Treasurer Interviewed By Emily Rooney

Polito discusses one of her more interesting policy proposals – eliminating state pensions for elected officials:

As a result of our unfunded pension obligations, Massachusetts taxpayers are required to pay about $1.4 billion each year to make up the difference in the system, which translates to a liability of about $1,000 for every household across the state. Those costs are only expected to grow over time. If we could eliminate this unfunded liability, we would have enough money to not only roll back the sales tax to 5.0%, but almost double the amount of unrestricted local aid we pay to cities and towns every year. More local aid means fewer layoffs of police, firefighters and teachers.

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Massachusetts State Treasurer Candidates