Baker: Privatization, pensions among ‘ton of work’ ahead at MBTA

STATE HOUSE — Presenting a broad reform agenda for the second year of the MBTA's Fiscal and Management Control Board's existence, Gov. Charlie Baker said the agency should shift its pension management to the state's fund managers and continue to look for opportunities to privatize services.
"The old way of doing things at the T is no longer viable or sensible," Baker told reporters at a press conference on Wednesday. He said, "The T's pension system is in freefall."