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Taunton is one of 106 public employee contributory retirement systems in Massachusetts. The retirement plan serves over 1,400 city employees (excluding teachers) and over 800 retirees & survivors and is managed by a local retirement board consisting of five trustees.

The Taunton Retirement Board is responsible for maintaining approx. $270 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

June 2017

Next Board Meeting

June 2017

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April 4, 2017

The Taunton Retirement Board voted at its regular monthly meeting on March 22, 2017 to grant a 3% COLA to eligible retirees and survivors effective July 1, 2017 up to the first $15,000 (base) of the retirement allowance.  The maximum increase a pensioner could receive is $37.50/month.  To be eligible for the COLA, the member/survivor must have retired prior to June 30, 2016.  Motion to approve the 3% COLA was made by board member Dennis Smith, seconded by Barry... Read Full Article