The Commonwealth of Massachusetts
PUBLIC EMPLOYEE RETIREMENT ADMINISTRATION COMMISSION
5 Middlesex Avenue, 3rd Floor
Somerville, MA  02145
(617) 666-4446

POLICY NO:  04 - 001

Ensuring Impartiality of the Commission

The Public Employee Retirement Administration Commission (Commission) is charged with
regulation and oversight of the public employee retirement systems throughout the
Commonwealth. It is necessary for the Commission at all times to act impartially in carrying
out these duties. Therefore, to avoid the actual occurrence or appearance of partiality and to
protect the integrity of the Commission and the Massachusetts public retirement system, the
Commission hereby adopts the following policy:

No member or employee of a public employee retirement board falling under purview of the
commission shall be installed as the seventh member and chairman of the commission. The
chairman shall not serve as a member or employee of a retirement board falling under the
purview of the commission.

No employee of the commission shall serve as a member or employee of a retirement board
under the purview of the commission.

Adopted at the Commission meeting on February 25, 2004.

 

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