February 18, 2015
The Taunton Retirement Board has appointed Bristol County Registrar of Deeds Barry J. Amaral as the new board appointee to the retirement board. Mr. Amaral replaced long-time appointee A. Joan Ventura who served on the board since 1996. The Board was appreciative of Ms. Ventura's service and was happy to welcome Mr. Amaral. Amaral stated "I am very gratified of the confidence placed in me by the board and look forward to working with them to manage the city's pension plan." ... Read Full Article
December 26, 2014
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. Avila. 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... Read Full Article
December 18, 2014
Dick Avila honored for 28 years of service on the retirement board. A proclamation from Mayor Thomas C. Hoye, Jr. and a plaque from the members & staff of the Board was presented December 16, 2014 to Mr. Avila for his dedication and service to the Board.
November 7, 2014
November 6, 2014
DENNIS M. SMITH (POLICE OFFICER) - 574 VOTES
THOMAS A. BERNIER (FIREFIGHTER) - 389 VOTES
October 9, 2014
The City of Taunton is happy to announce that it will offering a voluntary dental program to all retirees over the age of 65. This is a RETIREE PAY ALL PLAN, with the City making NO contribution for any portion of this Voluntary Dental Program.
Please click link below to download further information.
October 3, 2014
TO THE ALL MEMBERS OF THE TAUNTON RETIREMENT SYSTEM:
An election will be held on Thursday, November 6, 2014 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, 2014 thru November 30, 2017.
The following is a list of candidates running for election to your retirement board:
Thomas A. Bernier, Active Firefighter
Dennis M. Smith, Active Police Officer
ALL MEMBERS OF THE SYSTEM... Read Full Article
August 1, 2014
The Public Employee Retirement Administration Commission (PERAC) recently published its Annual Report which details the financial health of all Massachusetts Public Employee Retirement Systems.
Taunton finished strong in 2013.Taunton posted a +19.06% return for 2013 and ranked #14 out of 105 systems for the year. Since 1985, which measures a 29-year period, Taunton has earned an annualized return of +9.95% tying it for 6th place out 105 retirement systems. ... Read Full Article
December 29, 2013
At a meeting of the Taunton Retirement Board on December 20, 2013, a motion was made by boardmember Richard T. Avila, seconded by boardmember Peter H. Corr and the Board unanimously voted to approve an increase in the COLA from 1.5% to 3% up to the first $14,000 (base) of the retirement allowance. This will be effective as of July 1, 2014 and payable with July 31, 2014’s checks. Eligible retirees and survivors to receive the COLA will be those with a retirement date on or before... Read Full Article
December 11, 2013
The Taunton Retirement Board will meet on December 20, 2013 to review the feasibility of granting a Cost-of-Living Adjustment (COLA) to retirees and survivors of the system. The Consumer Price Index (CPI) was recently calculated for social security recipients and was set at 1.7%. The Board will review increasing the 1.7% CPI amount up to 3% which is the maximum rate allowed by state law. The 3% can only be applied up to the first $14,000 (base) of the retirement allowance.... Read Full Article
November 4, 2013
Pursuant to best-practices policy guidelines, the Taunton Retirement Board is requesting proposals for Actuarial Consulting Services to conduct an actuarial valuation of the City of Taunton Contributory Retirement System.
A copy of the Requests for Proposals may be obtained by calling (508) 821-1052 or via email at pslivinski@tauntonretirement.com.
Proposals are due on or before 3:00 p.m. on December 10, 2013 and should be sent to:Taunton Retirement Board
Mr. Paul J. Slivinski,... Read Full Article
