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.
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
"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"