Pension Reserves Investment Management Board (Massachusetts)

E617433

The Pension Reserves Investment Management Board (Massachusetts) is the state agency responsible for investing and managing the Commonwealth’s public pension assets to support the retirement benefits of Massachusetts public employees.

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Statements (45)

Predicate Object
instanceOf public pension fund manager
state agency
abbreviation PRIM NERFINISHED
appliesTo Massachusetts public employees
assetClass alternative investments
equities
fixed income
private equity
real estate
beneficiary Massachusetts public employees
Massachusetts public retirees
benefits retirement benefits
client Massachusetts State Employees’ Retirement System NERFINISHED
Massachusetts Teachers’ Retirement System NERFINISHED
participating local retirement systems in Massachusetts
country United States of America
employerTypeServed local governments in Massachusetts
state government
fundingSource public pension contributions
governedBy Massachusetts state law
governsFund Massachusetts public pension system assets
hasBoard board of trustees
hasLegalForm Massachusetts state agency
hasWebsite https://www.mapension.com
industry asset management
investment management
investmentObjective ensure long-term funding of pension obligations
maximize long-term risk-adjusted returns
jurisdiction Massachusetts
surface form: Commonwealth of Massachusetts
languageOfWork English
locatedIn Boston, Massachusetts
Massachusetts
manages Pension Reserves Investment Trust Fund NERFINISHED
nonProfit yes
oversightOf Pension Reserves Investment Trust (PRIT) Fund NERFINISHED
publicBody yes
purpose invest public pension assets
support retirement benefits of Massachusetts public employees
regionServed Massachusetts NERFINISHED
regulator Commonwealth of Massachusetts NERFINISHED
responsibility investment of state pension funds
management of public pension assets
sector public sector
shortName PRIM Board NERFINISHED
typeOfAsset public pension assets

Referenced by (1)

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

Treasurer and Receiver General of Massachusetts oversees Pension Reserves Investment Management Board (Massachusetts)