Retirement Board
The mission of the State-Boston Retirement System (SBRS) is to ensure the City has sufficient financial resources to meet its retirement obligations to City employees, and to provide active employees with accurate, timely member services.
Robert E. Tierney, Executive Officer
The Boston Retirement Board Members:
Lawrence Curran, Chairman
Edward Welch, Elected Member
John J. Perkins, Elected by Board Members
Mitchell Weiss, Appointed by Mayor
The board consists of two (2) members elected by active and retired members of the system; the city auditor (ex officio); one (1) member appointed by the Mayor of Boston; and one (1) member who is elected by the other four members of the board. The City of Boston Retirement Board serves members and retirees of all city line departments and agencies, as well as, the School Department, the Boston Redevelopment Authority, the Boston Housing Authority, the Public Health Commission, and the Boston Water & Sewer Commission.
Some Facts & Figures
- There are 14,000+ retired members of the system
- There are 20,000+ active employee members of the system
- The present value of the system's assets is approximately $3.1 billion dollars
- Presently in Massachusetts there are 106 mandatory contributory retirement systems
2008 Pension Payroll - Mailing & Deposit Dates
Monthly pension checks will be mailed on the last Tuesday of each month. Direct deposit funds will be credited to accounts on the last Tuesday of the month, as well. November & December benefits will be issued earlier in the month to accommodate the holidays.
- January 29, 2008
- February 26, 2008
- March 25, 2008
- April 29, 2008
- May 27, 2008
- June 24, 2008
- July 29, 2008
- August 26, 2008
- September 30, 2008
- October 30, 2008
- November 25, 2008
- December 23, 2008
Forms & Applications
Age Factor Chart
| Age | Group 1 | Group 2 | Group 4 |
| 65 + | 2.5 | 2.5 | 2.5 |
| 64 | 2.4 | 2.5 | 2.5 |
| 63 | 2.3 | 2.5 | 2.5 |
| 62 | 2.2 | 2.5 | 2.5 |
| 61 | 2.1 | 2.5 | 2.5 |
| 60 | 2.0 | 2.5 | 2.5 |
| 59 | 1.9 | 2.4 | 2.5 |
| 58 | 1.8 | 2.3 | 2.5 |
| 57 | 1.7 | 2.2 | 2.5 |
| 56 | 1.6 | 2.1 | 2.5 |
| 55 | 1.5 | 2.0 | 2.5 |
| 54 | 1.4 | 1.4 | 2.4 |
| 53 | 1.3 | 1.3 | 2.3 |
| 52 | 1.2 | 1.2 | 2.2 |
| 51 | 1.1 | 1.1 | 2.1 |
| 50 | 1.0 | 1.0 | 2.0 |
| 49 | 0.9 | 0.9 | 1.9 |
| 48 | 0.8 | 0.8 | 1.8 |
| 47 | 0.7 | 0.7 | 1.7 |
| 46 | 0.6 | 0.6 | 1.6 |
| 45 | 0.5 | 0.5 | 1.5 |
| 44 | 0.4 | 0.4 | 0.4 |
| 43 | 0.3 | 0.3 | 0.3 |
| 42 | 0.2 | 0.2 | 0.2 |
| 41 | 0.1 | 0.1 | 0.1 |
