Effective April 2, 2012
Any individual who is permanently employed twenty (20) or more hours per week by the Town of Marblehead or any of its departments or by any member unit of the Marblehead Retirement System shall become a member of the Marblehead Retirement System (“System”). In addition to the foregoing, an individual or elected official must earn at least $5,000 per year in regular compensation to be eligible for initial membership in the System.
After October 23, 2001
Membership eligibility will be limited to only those part-time employees who are employed 52 weeks a year with a minimum of 1040 hours per year worked. All full-time and eligible part-time employees shall be enrolled in the system at the inception of their employment.
March 26, 2001
Service Liability: The Marblehead Retirement Board will not accept any liability pursuant to the M.G.L. c. 32, § 3(8)(c) for any service that is rendered in the Town of Marblehead, which did not entitle the employee to membership in the Marblehead Retirement System, unless the employee subsequently becomes a member of the Marblehead Retirement System and purchases said service while employed in the Town of Marblehead.