Frequently Asked Questions

Why do I have to contribute to the Taunton Retirement System?

This is a mandatory deduction because you do not pay into Social Security.

Members

  1. What is the most I can get as a retirement allowance?

  2. I want to retiree, what shall I do?

  3. If I leave employment, can I leave my money in the system?

  4. What is the procedure if I want to buy back previous service time?

  5. Why do I have to contribute to the Taunton Retirement System?

  6. Do you invest my money?

Retirees

  1. When will I receive my monthly retirement allowance?

  2. Will there be any change to may retirement allowance if my spouse dies?

  3. What if I go to Florida in the winter, how will I get my 1099R in January?

  4. Who can make changes to my retirement information?

  5. Do I have to notify the Retirement Board if I move?

  6. What do I do if I change my bank account?

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