Retirement News

Latest Taunton Retirement news:

May 30, 2018
The Taunton Retirement Board has approved a 3% COLA effective July 1, 2018 for all eligible retirees and survivors of the system who retired on or before June 30, 2017.  At its February 28th board meeting, member Dennis Smith made the motion to approve, seconded by member Barry Amaral and the vote was unanimous to provide retirees with the increase.  Other members of the board voting in favor were Chairperson Ann Marie Hebert, member Gill E. Enos and member Peter H. Corr. ... Read Full Article
January 24, 2018
The Taunton (MA) Retirement Board is seeking proposals from qualified Legal Services firms and/or Attorneys specializing in providing legal services/advice to Massachusetts Public Employee Defined Benefit Plan governed under the provisions of MGL Chapter 32 and Regulations of the Massachusetts Public Employee Retirement Administration Commission 840 CMR.

The Board reserves the right to cancel or reject in whole or part any or all proposals in the best interest of the Taunton Retirement System... Read Full Article
January 3, 2018
The Taunton Retirement Board is seeking applicants for the position of Fifth Member of the Retirement Board also known as the “Board Appointee.”  The Board operates under the provisions of Massachusetts General Laws Chapter 32.  The Fifth Member, together with the other four members of the Board, acts as fiduciaries of the Taunton Retirement System and is involved in the administration of the approximately 2,300-member retirement system and has oversight for the investment of over $... Read Full Article
November 9, 2017
At an election held on November 2, 2017, Incumbent Police Officer Dennis Smith won re-election to the Taunton Retirement Board for a new 3-year term.  Smith easily outdistanced his only challenger, Firefighter Thomas Bernier, by almost 2 to 1.  The unofficial vote tally was 482 votes for Smith and 244 votes for Bernier.  It was Bernier’s third attempt to land a seat on the board.  Says Smith…”I am very humbled by the vote of confidence that the members and retirees have... Read Full Article
September 7, 2017
Financial Resource Fair at the Taunton Senior Center 30 Olney Street, Taunton, MA Thursday, September 28, 2017, from 1:00-3:00

Department of Human Services, Taunton COA
Prescription Advantage Program/SHINE Rep.
American Credit Counseling Services, Inc.
Registry of Deeds
Morton Hospital
City of Taunton Tax Assessor’s Office
Bristol Elder Services
Citizens for Citizens fuel assistance / SNAP
DTA / SNAP Program
South Coastal County Legal Services
Taunton Housing Authority... Read Full Article
September 5, 2017

An election will be held on Thursday, November 2, 2017 for the purpose of electing one board member to serve on the five-member Taunton Retirement Board for a term of three (3) years, said term to run from December 1, 2017 thru November 30, 2020.  

The following is a list of candidates running for election to your retirement board:

Thomas A. Bernier, Active Firefighter-Lieutenant
Dennis M. Smith, Active Police Officer-Detective (... Read Full Article
July 26, 2017
The term of current elected member Dennis M. Smith will expire on November 30, 2017.  Therefore, an election will be scheduled for Thursday, November 2, 2017  for the purpose of electing one board member to serve on the five-member Taunton Retirement Board for a term of three (3) years, said term to run from December 1, 2017 thru November 30, 2020. 

All holding membership in the Taunton Retirement System may qualify as a candidate provided they file with the Taunton Retirement... Read Full Article
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 Amaral... Read Full Article
March 23, 2017
Open enrollment for all employees who are eligible for Health Insurance will be conducted from March 27 to April 21, 2017.
January 20, 2017
A decision has been issued by the Contributory Retirement Appeal Board (CRAB) concerning the granting of creditable service pursuant to G.L. c. 32, § 4(2)(b) for Police & Fire who had reserve time and this has been accepted by the Public Employee Retirement Administration Commission (PERAC).

There were two recent cases – Grimes v. Malden Ret. Bd. & PERAC, CR-15- 5 (CRAB 2016) and Gomes v. Plymouth Ret. Bd. & PERAC, CR-14- 127 (CRAB 2016) – which has changed the... Read Full Article