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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

July 2021

Next Board Meeting

July 2021

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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.

February 7, 2021

The Board recently conducted an application process for the 5th member board position a.k.a. “board appointee”.  As of the application deadline on 01/18/2021, there was only one applicant – incumbent Barry J. Amaral.  At its regular monthly meeting held on January 27, 2021, the Board unanimously voted to re-appoint Mr. Amaral as the 5th member of the board for a 3-year term running from 02/28/2021 to 02/27/2024.  This is Mr.