Member News: The Worcester Regional Retirement System will be closed on Monday, May 30, 2016 in observance of Memorial.
The Retirement Board Office will hold the next Board meeting Tuesday, May 24, 2016. This meeting will be held at 8:30 am in the Retirement Board offices at 23 Midstate Drive, Auburn.
Please be advised that the Worcester Regional Retirement Board, at its meeting on April 26, 2016 granted of a 3% cost of living adjustment (COLA) to its retired members pursuant to the provisions of said G.L. c.32 s103(i), to be effective as of July 1, 2016.
CERTIFICATION OF ELECTION
Pursuant to the provisions of M.G.L. c.34B s.19 a special meeting of the Worcester Regional Retirement System Advisory Council was held on November 23, 2015 for the purpose of electing the second member of the Retirement Board.
June Hubbard-Ward has been elected to serve the three year term commencing January 1, 2016.
Please be advised that the Worcester Regional Retirement Board, at its meeting on October 28, 2014, voted unanimously to accept the provisions of paragraph (d) of Section 18 of Chapter 188 of the Acts of 2010 and increased the maximum base upon which the cost of living is calculated to 16,000 effective July 1, 2015.