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Taunton is one of 104 public employee contributory retirement systems in Massachusetts. The retirement plan serves over 1,278city employees (excluding teachers) and over 947 retirees & survivors and is managed by a local retirement board consisting of five trustees.

The Taunton Retirement Board is responsible for maintaining approx. $393 million is pension assets for the City of Taunton's retirement system in compliance with Mass. General Laws Chapter 32. The Board's mission is to provide retirement benefits to plan participants and to safeguard the assets of the system. The retirement board is charged with the responsibility of prudently investing the pension assets to maximize the investment returns with the goal of becoming a fully funded system. The plan is a public employee contributory defined benefit plan first established in 1937.

Next Direct Deposit

November 2021

Next Board Meeting

November 2021

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August 10, 2021

The Taunton (MA) Retirement Board is seeking proposals from qualified Actuarial Consulting Services firms specializing in providing actuarial valuations and related reports to Massachusetts Public Employee Defined Benefit Plan governed under the provisions of MGL Chapter 32 and Regulations of the Massachusetts Public Employee Retirement Administration Commission 840 CMR.

March 29, 2021

The Taunton Retirement Board has approved a 3% COLA effective July 1, 2021 for all eligible retirees and survivors of the system who retired on or before June 30, 2020.  At its March 24th 2021 board meeting, member Gill E. Enos made the motion to approve, seconded by member Dennis M. Smith and the vote was unanimous to provide retirees with the increase.  Other members of the board voting in favor were Chairperson Ann Marie Hebert, member Thomas A. Bernier, and member Barry J.