The Agenda for the Wednesday, February 26, 2020 Regular Board meeting has been uploaded.

The Agenda for the Wednesday, February 26, 2020 Regular Board meeting has been uploaded.  Click here to view.

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Office Closed Thursday February 6, 2020

The office will be closed on Thursday, February 6, 2020 due to icy driving and walking conditions. We will reopen the following day (Friday) at 8:00 am (unless weather conditions worsen). Stay safe out there.

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December 2019 Regular Board Meeting Minutes Uploaded

The minutes of the December 18, 2019 Board meeting have been uploaded to the 2019 minutes page. Click here to view.

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Agenda for the Wednesday, January 29, 2020 Regular Board Meeting has been uploaded.

The Agenda for the Wednesday, January 29, 2020 Regular Board meeting has been uploaded.  Click here to view.

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Post Retirement Earnings in the coming year 2020

After you retire you can work as many hours and earn as much as you want in private industry, the same for any government agency outside of Massachusetts.
 
However, if you are receiving a retirement benefit from a government retirement system in Massachusetts you are limited in the amount you can earn from post retirement employment with any government agency in Massachusetts and it is your responsibility to inform your employer to what extent you are limited.
 
Reporting to FRRS is not required until and unless there are over-earnings that are to be recovered via the return of retirement benefits.
 
Please use the Post Retirement Earnings Worksheet (available below) to report to the government employer what you expect in 2020.
 
Post Retirement Earnings Worksheet for the upcoming calendar year 2020
Post Retirement Earnings – FRRS Guidelines – regular retirees
PERAC FAQs on Post Retirement Earnings
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Assessment numbers for FY2021 are available

The official assessment letters will be mailed this first week of January, and in the meantime you can see all the numbers, analysis, and explanation in these three documents:

FY2021 Appropriation Calculation By Unit
FY2021 Assessments Explained
FY2021 Assessment Changes Analysis
 
More information about the process, and data from prior years can be found on the webpage:
 
http://www.frrsma.com/appropriationsassessments-and-actuarial-valuations/
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November 2019 Regular Board Meeting Minutes Uploaded

The minutes of the November 26, 2019 Board meeting have been uploaded to the 2019 minutes page. Click here to view.

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Election results 2019

The Franklin Regional Retirement System concluded a regular election on December 10, 2019, that resulted in the election of Gabriele H. Voelker to the position of Fourth Member on the board for a three-year term beginning on January 1, 2020 and ending December 31, 2022. Ms. Voelker is the Treasurer for the towns of New Salem, Shutesbury, Orange, and the Ralph C. Mahar Regional School District. This will be her second term.

The election was conducted by mail and saw 24% participation by the eligible members of the system. Of the 2,256 ballots mailed, 553 were returned and counted. The other candidate was Herbert Sanderson, Jr., retired Treasurer Collector, Town of Sunderland, and former Advisory Council Board Member (2nd Member).

The results were:
Herbert Sanderson, Jr. – 233
Gabriele H. Voelker – 320

Dale Kowacki, Election Officer

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Agenda for the Wednesday, December 18, 2019 Regular Board Meeting has been uploaded.

The Agenda for the Wednesday, December 18, 2019 Regular Board meeting has been uploaded.  Click here to view.

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Office closed Monday, December 2, 2019 due to inclement weather.

The office is closed Monday, December 2, 2019 due to the inclement weather, and will reopen on Tuesday, December 3, 2019.

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