PERAC is pleased to release the 2007 Annual Report. The report summarizes the yearly activities of the Public Employee Retirement Administration and the 106 public retirement boards in the Commonwealth.
The
Public Employee Retirement Administration Commission
(PERAC) was created for and is dedicated to the oversight,
guidance, monitoring, and regulation of the Massachusetts
Public Pension Systems. The professional, prudent, and
efficient administration of these systems is the public
trust of PERAC and each of the 106 public pension systems
for the mutual benefit of the public employees, public
employers, and citizens of Massachusetts. The stewardship
of the Trust Funds for the sole purpose of providing
the benefits guaranteed to the public employees qualifying
under the plans is the fulfillment of the obligation
of the people of the Commonwealth to those who have
dedicated their professional careers to the service
of the people of the Commonwealth.
2007 ANNUAL REPORT 
