Taunton Retirement

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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 750 retirees & survivors and is managed by a local retirement board consisting of five trustees.

The Taunton Retirement Board is responsible for maintaining approx. $200 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.

Latest Taunton Retirement News

Taunton Retirement Board welcomes Dennis M. Smith as the new elected member of the board

Dennis M. Smith recently won election to the Taunton Retirement Board at an election held on November 6, 2014 to fill the seat vacated by longtime board member Richard T. Dennis M. Smith.fwAvila. Smith outdistanced fellow challenger firefighter Tom Bernier by a vote of 574 to 389. Smith is a 35-year veteran of the Taunton Police Dept. and a life-long resident of the city. This was Smith’s third run for the board and the third time was the charm.  Smith said “I want to thank all those who voted for me and for the strong show of support. I pledge to work diligently on behalf of all active employees and retirees of the system to protect and preserve their hard-earned benefits.”

 
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