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Pension Education Series: Understanding Your Public Pension and Social Security

The Middlesex County Retirement Board is pleased to present to members of the MCRS and their families our popular seminar on public employee retirement benefits and the basics of Social Security, including up to date information on how the “Windfall Elimination Provision” and “Government Pension Offset” impacts those benefits.

This session is important for your financial planning, whether you are a new member, a vested mid-career member, or nearing retirement. Topics include the retirement benefit calculation formula, health insurance, taxes, working after retirement, cost-of-living adjustments and how your retirement benefits interact with Social Security.  By attending this seminar you will learn more about one of your most valuable assets. We look forward to having you join us.

 

Locations

Dates

Ashland Senior Center

Wednesday, June 20, 2018, 4:00 p.m. - 6:00 p.m.

Ayer Town Hall

Thursday, September 6, 2018, 4:00 p.m. - 6:00 p.m.

Hudson Town Hall

Thursday, October 11, 2018, 4:00 p.m. - 6:00 p.m.

Chelmsford Senior Center

Wednesday, November 7, 2018, 4:00 p.m. - 6:00 p.m.

 

COLA

The Middlesex County Retirement Board voted unanimously on March 21st to grant retirees the maximum allowable Cost of Living Adjustment (COLA). The maximum COLA allowed by law for retirees of the Middlesex County Retirement System is 3% of the first $14,000 of retirement benefits, or $420.00.  This increase will take effect on July 1.

Welcome to Middlesex County Retirement System

The Middlesex County Retirement Board is pleased to provide our active and retired members, their families, and the public information about the Middlesex County Retirement System.

The website can be used as a helpful retirement planning tool, as a reliable source of important explanations of the public employee retirement law, and as a way to report current news about the retirement system.