The Northampton Retirement Board is seeking applicants for the position of Fifth Member of the Northampton Retirement Board. In accordance with Chapter 32 of Massachusetts General Laws §20(4)(b), the member shall not be an employee, a retiree or official of its constituent governmental units and shall be chosen by the other four board members for a term of three years.
Members of the Northampton Retirement Board serve as fiduciaries of the Northampton Retirement System. Responsibilities include the administration of benefits under M.G.L. Chapter 32 for approximately 1,500 combined active, inactive and retired members and overseeing the approximately $204 million investment portfolio.
Board members must develop knowledge of M.G.L. Chapter 32, Massachusetts Open Meeting Law, conflict of interest and ethics rules, and the regulations of the Public Employee Retirement Administration Commission (PERAC).
Board members must complete 18 hours of training authorized by PERAC over the three-year term, file an annual statement of personal financial interests detailing personal assets, and attending monthly regular and special meetings.
The Northampton Retirement Board is seeking candidates with extensive investment experience and a professional background in economics, business administration, finance or related field. The annual stipend for the position is $3,000.
Interested candidates should provide their letter of interest and resume no later than September 24, 2026 at 4:00 p.m. to David Shipka, Retirement Board Administrator, 240 Main Street, Room 5, Northampton, MA 01060. Submissions may be made electronically to dshipka@northamptonma.gov.
| Date published: | August 27, 2026 |
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