Retirement

Mission


The Everett Retirement System is 1 of 106 contributory retirement systems in the Commonwealth of Massachusetts and is subject to the provisions of Massachusetts General Laws Chapter 32. Membership in the Everett Retirement System is mandatory for all permanent employees who work more than 20 hours per week.

Function


The Retirement System is governed by a 5 member board.  The members of the retirement system are employees for the City of Everett and the Everett Housing Authority or are retired from one of the above entities. 

Retirement Board Members                                       Term Expires

Chairman: William Pierce - Elected member.                                 12/20/23

Michael Matarazzo - Elected member                                            12/20/23

Eric Demas - Ex officio Member

Keith Slattery - Mayor's appointed member

Peter Cocciardi - Appointed by other members                                 7/25/22


COLA 

"The Retirement Board is pleased to announce that a 3% Cost of Living increase was approved for al retirees, capped at $14,000. The COLA is effective July 1st and retirees will see the increase in their July allowance"