Please feel free to browse our website to obtain information about our retirement plan. If there is any item you would like more information on, please feel free to click on the "Contact Us" tab and send us an email.

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.

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March 2023

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January 25, 2023

Recent legislation by the Commonwealth of Massachusetts - Chapter 269 of the Acts of 2022 - provides for a cost-of-living increase up to 5% effective retroactive to July 1, 2022.  The Taunton Retirement Board trustees voted to approve Ch. 269 thereby increasing the COLA from the previously approved 3% up to 5%.  This will be processed as soon as payroll computer programs are modified to process the retroactive increase.