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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 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 2016
30
Thursday

Next Board Meeting

July 2016
27
Wednesday

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Tuesday, May 3, 2016 - 1:38pm

At a meeting of the Taunton Retirement Board on April 27, 2016, the Board discussed the FY2017 Cost-of-Living Adjustment (COLA).  After review of the system’s financial condition and improving funded status, the Board unanimously voted to approve a 3% COLA effective 07/01/2016 to retirees and survivors to be applied up to the first $15,000 of a recipient’s annual retirement allowance.  Eligible recipients will be those who retired or began survivor benefits on or before... Read Full Article