Somerville Retirement Board

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323 Broadway
Somerville, MA 02145

The Somerville Retirement Board administers a contributory defined benefit pension plan for eligible employees of the city, excluding school department teachers. Established in 1945, the system is governed by Massachusetts General Laws and oversees the retirement needs of permanent full-time employees, ensuring they receive long-term financial support.

The retirement plan is structured to provide members with a pension based on factors such as age, years of service, and average compensation, with benefits capped at 80%. Regular audits and guidelines from the Public Employee Retirement Administration Commission ensure the integrity and proper management of the retirement system.

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