PERAC's Main Guide - Annual Reports
Public Employee Retirement Administration Commission / Image of Sunrise

Contact PERAC

Send RFP Notice

Home What's New Board Profiles Forms Jobs Memos PERAC Units Publications Chapter 32 Regulations  
System Structure
Commission/Board       
       
Makeup
General Information
Annual Reports
Contributions by         Members
Creditable Service
Eligibility for Retirement
Mandatory Retirement
Service After Age 70
Vesting
Retirement Allowance
Formulas
Superannuation
       
Application Procedures
Suspension of Benefits
Termination Retirement
Forfeiture of Benefits
COLA
Employment After          Superannuation
Options for Retirees
Social Security
Survivor Benefits
Disability Retirement
Involuntary Retirement
Refunds
Appeals
MA Taxes
Federal Taxes
Support Orders
Exemption
Health + Life Insurance
Affidavit
Addresses + Numbers

Main Guide

     

ANNUAL REPORTS

REQUIREMENTS FOR RETIREMENT BOARD FINANCIAL REPORTING


How can I find out about the financial condition of the system of which I am a member?

Each board is required to prepare an annual report, in an easily understood format, which shows the financial condition of the system as of December thirty-first of the previous year. This report is filed with PERAC.

Report Contents
The report must include:

the financial transactions,
statistical information about the membership,
a summary of the most recent audit findings,
a summary of the board's investment policy,
a summary of the system's investment portfolio, and
information pertaining to the most recent actuarial valuation.

A copy of this report or a summary of its contents is available to any member upon request.

The PERAC Annual Report
PERAC prepares an annual report about the Commission's activities as well as those of each of the 105 public employee retirement systems. Each year's report is posted on PERAC's Home Page: www.mass.gov/perac.

 
Privacy Policy Download Tools  
       Newsflash
   
  PERAC Pension News
   
  Annual Report
   
  Retirement Guides
   
    SEARCH