The Gloucester Contributory Retirement System Board is a governing body regulated by the Massachusetts General Laws, Chapter 32, and overseen by the Public Employee Retirement Administration Commission (PERAC). They administer retirement benefits for members based on the requirements of Chapter 32, Supplemental Regulations approved by PERAC and policies adopted by the Retirement Board members.
Comprised of a Five Member Board, including elected and appointed representatives, the Board meets monthly to discuss retirement matters. Their goal is to ensure that members receive the retirement benefits they are entitled to, in accordance with the established regulations and policies.
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