By Jean Conley
T he MTA Board of Directors has recommended MTA member Robert Brousseau for
re-election to the Pension Reserves
Investment Management Board.
After he received the endorsement
at the Board’s December meeting, the
retired Wareham teacher said he is
“grateful for the long-standing support
of the Board and MTA’s members.”
Brousseau has been the elected
representative for the Massachusetts
Teachers’ Retirement System since
The PRIM Board acts as the
trustee for each retirement system
that invests in the Pension Reserves
Investment Trust Fund. The nine-member board is responsible for the
control and management of the PRIT
Fund, which includes retirement
money for teachers.
Those eligible to vote in the
election for the PRIM Board, including
teachers who participate in the state
retirement system, should receive
their ballots in the mail by April 4.
The ballots must be mailed back to
the PRIM office by May 5. The term
begins in July and runs for three years.
MTA President Paul Toner
strongly urged members to watch
the mail for their ballots and support
Brousseau’s bid for a 10th term. Toner
called Brousseau “a genuine expert.”
“Bob looks out for both the
interests of teachers and for the overall
strength of the state pension system,”
Toner said. “We truly depend on his
In 2013, the trust fund realized
returns of 15. 2 percent on assets of
The PRIM Board is chaired by
the state treasurer. The governor or a
designee is an ex-officio member. In
addition, the governor appoints two
members and the treasurer appoints
one. One of the elected members of the
State Employees’ Retirement Board
and one of the elected members of the
State Teachers’ Retirement Board also
serve on the PRIM Board.
In addition, the employees and
retirees of the state employees’ and
state teachers’ retirement systems each
elect one member.
Brousseau is currently the chair of
the PRIM Board’s Administration and
Audit Committee. “Over the years, I
have been committed to ensuring the
returns, to fully
and to increasing
COLA benefits,” he
a longtime MTA
activist who has
served on the
MTA Board, the MTA Executive
Committee and the MTA’s Candidate
Recommendation Committee. In
addition, Brousseau has been a
presenter on pension-related issues
at the MTA Summer Conference and
has served as an appointed member
of the National Retired Teachers
Association’s Pension Roundtable.
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