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.

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.