Dear Weymouth Retirement System Members:
Please be advised that since Mr. Joseph L. Davis was the only person to file nomination papers with the Weymouth Retirement Board. He was declared the winner and re-elected to the Weymouth Retirement Board for a three-year term which will expire on June 30, 2025.
The Board voted to grant a 3% Cost of Living Adjustment on $13,000.00 which was effective as of July 1, 2022.
Sincerely,
Edward J. Masterson
Director
Weymouth Retirement System
Today, the Social Security Administration announced it is immediately beginning to pay retroactive benefits and will increase monthly benefit payments to people whose benefits have been affected by the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO).
These provisions reduced or eliminated the Social Security benefits for over 3.2 million people who receive a pension based on work that was not covered by Social Security (a “non-covered pension”) because they did not pay Social Security taxes.