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