Welcome

Dear Weymouth Retirement System Members,

As we all continue to monitor the evolving impact of the novel coronavirus (COVID-19), I want you to know that the Weymouth Retirement Board is implementing modifications to our operations for the safety of our members and staff, and to ensure the continuity of critical operations.

Based upon guidance issued by the Commonwealth of Massachusetts on March 10th, we are immediately instituting the following modifications to help prevent the spread of COVID-19:

§ Walk-ins and in person meetings at our office are postponed until further notice. Members should mail any paperwork to the office.

§ WRB monthly board meetings will continue; however, we are utilizing remote attendance methods when permitted.

§ All work-related travel for WRB employees, both foreign and domestic, is discontinued until further notice.

These actions complement the steps we have been taking for the past several weeks based on the guidance from the Commonwealth of Massachusetts and the Centers for Disease Control (CDC).

Please visit our website for the latest developments as we closely monitor this rapidly evolving situation. We ask for your cooperation, patience and understanding as we do our part to protect our members and employees and prevent the spread of the coronavirus.

If you have any questions, please contact us at 781 331-8721 or via email at info@weymouthretirment.com

Sincerely,

Edward J. Masterson

Director

Weymouth Retirement System

Public pensions’ positive financial impact rose 30.6 percent from the $137.3 billion level notched in 2016, according to the study, “Unintended Consequences: How Scaling Back Public Pensions Puts Government Revenues at Risk.” The 2020 edition of the study builds on NCPERS’ 2018 landmark analysis of how investment and spending connected to pension funds impact state and local economies and revenues.

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