| The enabling statute
of the MTRS
M.
G. L. Chapter 15, Sec. 16. Teachers’ Retirement Board.
There shall
be a teachers’ retirement board for the purpose of administering the teachers’
retirement system established under the provisions of chapter thirty-two.
Such board shall consist of five members as follows: the commissioner
of education, or his designee, who shall be a member ex officio and who
shall serve as chairman, a second member who shall be appointed by the
governor for a term of four years, and who shall be a retired former public
school teacher within the commonwealth, two members who shall be elected
by the members in or retired from service of such system from among their
number in such manner and for such term, not exceeding four years, as
the commissioner of public employee retirement shall determine, and a
fifth member who shall be chosen by the other four for a term of four
years. Future elections of the third and fourth members shall be held
under the supervision of such retirement board and the terms of the third
and fourth members shall be arranged so as not to expire in the year of
expiration of the term of the fifth member. If a fifth member is not chosen
by the other four members within thirty days after the expiration of the
term of the fifth member, the governor shall appoint a fifth member for
a term of four years. Each member of such retirement board shall continue
to hold office until the expiration of his term and until the qualification
of his successor. Upon the expiration of the term of office of any elected,
chosen or appointed member or in case of a vacancy in either of said offices,
his successor shall be elected, chosen or appointed as aforesaid for a
four-year term or for the unexpired portion thereof, as the case may be,
except that in no event shall the term of the fifth member expire in the
same year as the term of either the third or fourth member.
The Massachusetts
Teachers’ Retirement System is governed by Massachusetts General Laws,
Chapter 32, as well as regulations contained
in the Code of Massachusetts Regulations (CMR).
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