Massachusetts State Retirement Board

E617429

The Massachusetts State Retirement Board is the government body responsible for administering public employee retirement benefits and managing the state pension system in Massachusetts.

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Statements (44)

Predicate Object
instanceOf government agency
public pension administrator
administers Massachusetts State Employees’ Retirement System NERFINISHED
public employee retirement benefits
collaboratesWith Massachusetts Office of the State Treasurer NERFINISHED
country United States of America
surface form: United States
employs public employees of the Commonwealth of Massachusetts
ensures compliance with state retirement laws and regulations
follows Massachusetts General Laws related to public employee retirement
fundingSource employee contributions
employer contributions
investment earnings
goal provide secure retirement income to eligible public employees
governs Massachusetts State Employees’ Retirement System (MSERS) NERFINISHED
handles benefit estimates for members
refunds of retirement contributions
service purchase requests
hasAbbreviation MSRB NERFINISHED
hasScope statewide
hasWebsite https://www.mass.gov/orgs/massachusetts-state-retirement-board
jurisdiction Massachusetts
surface form: Commonwealth of Massachusetts
language English
locatedIn Boston, Massachusetts
manages state pension system of Massachusetts
monitors retirement accounts of members
operatesIn Massachusetts NERFINISHED
oversees disability retirement benefits for eligible members
retirement contributions of members
survivor benefits for eligible beneficiaries
partOf Massachusetts state government NERFINISHED
provides counseling on retirement options to members
information on pension benefits and eligibility
regulates membership and creditable service rules for MSERS
responsibleFor managing pension fund assets
member services for state retirees
paying retirement allowances
processing retirement applications
retirement benefits for eligible Massachusetts public employees
sector public sector
serves Massachusetts state employees
certain municipal employees in Massachusetts (under specific provisions)
subjectTo Massachusetts public pension statutes
fiduciary duty to members and beneficiaries
typeOfPlan defined benefit pension system

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

Treasurer and Receiver General of Massachusetts oversees Massachusetts State Retirement Board