Boston Retirement Board

Timothy Smyth, Esq, Executive Officer

Mission Statement

To provide accurate, timely, and consistent guidance and benefits to members and their beneficiaries in a courteous and professional manner.

To ensure that the investment portfolio is adequately diversified at an acceptable risk level to provide sufficient assets to fund the benefits when due.

Vision Statement

To become a retirement benefits leader in member counseling and benefits delivery by embracing technology, supporting staff development, and focusing on member needs.

Additional Information and Resources:

  • Retirement Checklist

    The Retirement Board is pleased to offer the attached 'Retirement Checklist' and additional information on the retirement process. The 'Retirement Checklist' highlights the essential documents employees should have when considering retirement as well as useful information surrounding the entire retirement process

    Retirement Checklist & Process »

  • Chapter 176 of the Acts of 2011 - Pension Reform

    Please review important membership provisions in the latest pension reform act. Contact us if you need further explanation or clarification of the information.

    More Information »

Related Links

Announcements

  • Notice Regarding Buybacks

    If you're waiting to hear from us on a request for service purchase or redeposit of refund, we ask that you please be patient. We received approximately 2,000 service purchase applications after Pension Reform III, and the record-setting volume has caused lengthy processing delays. This is in addition to requests we receive on a monthly basis.

    We note that, in a rush to secure the lower interest rate, most members submitted incomplete applications. It is the responsibility of the member to fully complete the application. We will not even begin processing an invoice until you have supplied a complete application. We are very sorry for any delay you may experience, and ask that you please bear with us during what is an extremely busy time for our staff. Thank you in advance for your understanding and continued patience.

    NOTE: If you are retiring within the next four to six months and you have one or more service purchase applications currently pending with us, please let us know so that we may give your service purchase requests priority.

  • Boston Retirement Board Election Results 9/24/2014

    Congratulations to those elcted to the Boston Retirement Board of Trustees. Thank you to all of the voters and those that helped with the election. The election results are as follows:  
     
    Michael McLaughlin      
    3515 votes 
      
    Michael O'Reilly                    
    2848 votes                                     
      
    Christine Dennehy 
    1176 votes

    Joseph Byrne        
    788 votes

    Randall Scott
    491 votes

  • Meeting Dates & Agenda for Retirement Board

    Meetings will be held the third Wednesday of every month commencing at 10:00 AM.

    SBRS Meeting Dates and Standard Agenda for CY2014

  • IRS Ruling on Federal Income Tax

    Reply to a March 28, 2013 letter requesting rulings on behalf of PERAC, concerning the federal income tax treatment under section 104(a) of the IRS Code of certain disability retirement and death benefits provided to public employees and their survivors under the Statute.

    Read the Full IRS Ruling

  • Important Changes to Certain Social Security Services

    Beginning August 2014, Social Security number printouts will no longer be offered in field offices. Additionally, beginning October 2014, field offices will stop providing benefit verification letters except in emergency situations. These verifications are available online and may be obtained anytime by registering for a my Social Security account.

    Complete Information about Social Security Service Changes

    Register for my Social Security Account

    More Information