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RETIREMENT BOARD <br /> Meinbers: 5 (includes Finance Director/Coinptroller as ex officio, 1 Board of Selectmen <br /> appointee,2 elected from members, St"inember chosen by other 4 members) <br /> Appointed by: Board of Selectmen(1 member) <br /> Length of Term: 3 years, staggered <br /> Appointments made: Selectmen Appointment made September 30 <br /> Meeting Times: Usually monthly,4r''Tuesday <br /> Description: All contributory retirement boards for public employees in Massachusetts consist of five members. <br /> The Financial Director/Comptroller is the board member ex-officio. The second member is appointed by the Board <br /> of Selectmen;the third and fourth members are elected by the members of the Retirement System and are active or <br /> retired members of the system and the fifth member is chosen by the other four. The second and fifth members <br /> cannot be an employee,retiree or official of the governinental unit. One of these five board members is elected by <br /> the other four to serve as Chairman. <br /> There is no tei-�n limit for the ex-officio member. The other four members are appointed or elected for a three-year <br /> term. Each has different term expirations. <br /> Criteria for Membership: <br /> Re£: Chapter 306 of the Acts of 1996 <br /> Chapter 427 of the Acts of 1996 <br /> Selectmen designated as Special Municipal Einployees on Apri124, 1963. <br /> Selectmen reaffirmed designa�tion as Special Municipal Employees on January 18,2006. <br />