Excerpt: I often begin the government class I teach to MBA students with a few tips. The first is that when government does something that seems to make no sense, always ask whether the move results in someone's pension getting a boost. Invariably they look at me as if I've lost my mind, but public pensions have again been in the news with the Contributory Retirement Appeal Board's denial of former UMass President William Bulger's claim that a housing allowance and annuity payments[.]

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