The Holyoke Contributory Retirement System is one of 106 contributory retirement systems within the Commonwealth of Massachusetts.  Chapter 32 of the Massachusetts General Laws defines the benefits, contribution requirements, accounting procedures and funding for all 106 systems.  The Public Employee Retirement Administration Commission (PERAC) oversees the systems and ensures that all boards are in compliance with Chapter 32.

The retirement system is funded by an annual appropriation from City departments and from employee contributions.  These funds are invested in stocks, bonds, domestic and international equities and real estate.

The Holyoke Retirement Board is responsible for providing all city employees with information regarding benefits and regulations pertaining to retirement, in addition to overseeing the administration of the office.  The Board is made up of 5 members; an Ex-Officio member, 2 elected members, 1 member appointed by the Mayor, and 1 member appointed by the other 4 members.                                                        

Russell J. McNiff, Chairman                           Brian G. Smith

Appointed Member                                             Ex Officio Member

John T. McCarthy                                             Daniel R. Owens

Elected Member                                                Elected Member

Jorge L.  Neves

Appointed Member

Staff

Daniel R. Owens, Executive Director

Cheryl A. Dugre, Assistant Executive Director

Melissa Rodriguez, Staff Assistant

20 Korean Veterans Plaza

City Hall Annex, Room 207

Holyoke, MA 01040

Phone:            413-322-5590

Fax:                 413-322-5591

Email:             This e-mail address is being protected from spambots. You need JavaScript enabled to view it.

LINKS:

Public Emplyee Retirement Administration Commission (PERAC)

Social Security Administration

Internal Revenue Service

American Association of Retired Persons (AARP)

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