Retirement

About

The Medford Contributory Retirement System is governed by a five-member Board pursuant to M.G.L. Chapter 32 and 840 CMR which are the rules promulgated by the Public Employee Retirement Administration Commission (PERAC).  The Board consists of 2 elected members, an ex-officio member, 1 member appointed by the Mayor, and the fifth member who is not a member of the system and is selected by the four.