Retirement Board

Systems

The City of Framingham Retirement System is one of 104 contributory retirement systems for public employees within the Commonwealth of Massachusetts. All 104 systems, although operating independently are bound together under one uniform retirement law, Chapter 32 of the Massachusetts General Laws. Chapter 32 establishes benefits contributions requirements, accounting, and funding structure for the system. The Public Employee Retirement Administration Commission (PERAC) created by Chapter 306 of Acts of 1996 oversees these systems and ensures all board actions in compliance with Chapter 32. 

Each system is governed by a retirement board. It is the responsibility of the Retirement Board to administer, in accordance with the law, the retirement system and provide a comprehensive explanation of rights, benefits, and regulations regarding retirement to all employees of the City of Framingham (excluding teachers), the Framingham Housing Authority and the MetroWest Regional Transit Authority (MWRTA). The City of Framingham Retirement Board consists of five members.

The Framingham Retirement Board will accept applications for the Fifth Member position for a three-year term commencing on January 16, 2024.  Click here for more information.