An election for the purpose of electing a member of the Weymouth Retirement System for a three-year term of office, which will run from January 1, 2021 through December 31, 2023, will be held on December 15, 2020. Election ballots may be cast on that date at the Weymouth Retirement Board office from 8:00 a.m. to 6:00 p.m. Absentee ballots and ballots mailed in from retired members must be received at the Weymouth Retirement Board office no later than 4:30 p.m. on Monday, December 14, 2020 to be counted. Completed and returned ballots will be counted on December 15, 2020 and results announced as soon as possible.
The attached presentation is an introduction and overview of the Weymouth Retirement System that was used for a zoom meeting on June 30, 2020. The recording of the meeting did not come out as well hoped, so only the presentation is being posted.
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.
The Weymouth (MA) Retirement Board is seeking proposals from qualified investment management firms offering a dedicated strategy focused on Term Asset-Backed Loan Facility (TALF) Programs. The potential commitment could be up to $5-10 million. Respondents must be dedicated participants in the TALF program; non-TALF strategies will not be considered.
We would like to post some questions and answers that have been arising frequently during this health crisis
- Will my retirement check go out on time or will there be a delay?
The Weymouth Retirement Board would like to assure all of its Retirees, Survivors and Beneficiaries that the monthly Retirement checks will be processed as usual.