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Methuen Retirement Board Local Options

Options marked "Yes" have been documented by PERAC as accepted by the retirement board.
Increase in Member-Survivor Minimum Allowance ($250 to $500)Yes
10 Year Ordinary Disability Retirement EligibilityYes
Option C Pop-UpYes
3 Year Average Compensation for Termination AllowancesNo
Placing EMTs in Group 4No
Call Firefighter Creditable Service (1)No
Call Firefighter Creditable Service (2)No
Creditable Service During Layoff for Police and FireNo
Creditable Service While on Leave Acting as a Union RepresentativeNo
Supplemental Allowance for Dependents of Accidental Disability RetireesYes
Increasing Benefits for Surviving Children of Accidental Disability RetireesYes
Disability Retirement Benefits for Veterans: 
     Section 1Yes
     Section 2No
Veteran's BuybackYes
Increase in §101 Benefit: 
     Acts of 2010 ($9,000)Yes
     Acts of 2012 ($12,000)No
Non-Contributory Retiree Cost of Living AdjustmentYes
Retirement Board Member Compensation ($3,000)Yes
Indemnification of Retirement Board MembersYes
Remote ParticipationYes
Increase COLA Base - FY2025 $19,000Yes

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