Register Now for the Pension Education Series: Understanding Your Public Pension and Social Security

The Middlesex County Retirement Board is pleased to announce the last of its 2019 Pension Education Series: Understanding Your Public Pension and Social Security. We invite members of the MCRS and their families to attend 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” impact those benefits. To register, click on the link below.

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.





Cameron Senior Center, Westford

Wednesday, November 6, 2019, 4:00 p.m. – 6:00 p.m.



2019 Spring Newsletter

The Spring 2019 Newsletter has been posted to the site.  Highlights of this issue include: understanding PTSD and its impact on first responders and how retirees’ pension benefits make an impact in the local economy.  The Board recently voted to increase the retiree COLA base and presents a COLA history from 1999 – present.  Getting ready to retire?  Read about our resources for estimating your benefits, how creditable services plays a role in your allowance, and important Social Security updates.  We continue our pension education series with future stops in Wayland, Pepperell, Acton and Westford.



The Middlesex County Retirement Board voted unanimously on February 13th 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 $16,000 of retirement benefits, or $480.00 per year.  This increase will take effect on July 1.


Board Raises COLA Base to $16,000

Good news for our retirees!  After carefully reviewing the System’s liabilities, the Middlesex County Retirement Board voted unanimously to increase the current $14,000 base amount upon which annual retiree Cost of Living Adjustments (COLAs) are calculated.  Effective July 1, 2019, the COLA will be calculated at up to 3% of the first $16,000 of a retiree’s annual benefit.  The Board’s action was unanimously ratified by the Middlesex County Retirement Board Advisory Council on December 19, 2018.  See our Newsflash for more details.