The Brockton Retirement Board, voted to accept Local Option MGL c. 32 s 103 j, and the Brockton City Councilors supported that vote. Therefore, effective on your Pension check for end of month July 2021, if you are eligible for the Cost-of-Living Adjustment (COLA) this will be based on the first $13,000 of your retirement allowance. In July of 2022, this threshold will increase by $1,000 and the COLA will be applied to the first $14,000 of your retirement allowance.
Election by Declaration: As you were informed this February, the Brockton Retirement Board opened nominations for an elected position. The deadline passed for filing nomination papers and since there was only one nominee this has become an Election by Declaration. Please join me in congratulating Active Member of the Fire Department, Deputy Fire Chief Scott G. Albanese, on a second successful bid for a seat on the Brockton Retirement Board.
At the meeting of March 30, 2021, the Brockton Retirement Board so voted...
Public Notice: Brockton Contributory Retirement System Request for Proposals
Tuesday, September 1, 2020 - 4:32pm
The Brockton (MA) Contributory Retirement Board is seeking proposals from qualified firms to provide investment management services through either a Manager of Managers or Discretionary Services/Outsourced CIO platform. The System currently has approximately $370 million of its $390 million with such a program, with the remaining assets invested in closedend private equity and private real estate strategies. The Board is contemplating that full mandate with the RFP.
Pursuant to Chapter 32 §103(i), the Brockton Contributory Retirement Board will be conducting a Public Hearing to discuss a Cost of Living Adjustment for eligible Brockton Retirement System pension recipients; to be effective July 1, 2020. Anyone who wishes to attend may do so.