About Retirement

The Somerville Retirement System (“the System”) is a contributory defined benefit plan covering all employees deemed eligible by the Retirement Board, with the exception of school department employees who serve in a teaching capacity. The pensions of such school employees are administered by the Massachusetts Teachers’ Retirement Board.

Instituted in 1945, the System is a member of the Massachusetts Association of Contributory Retirement Systems (MACRS), governed by Chapter 32 of the Massachusetts General Laws, and is regulated by the Public Employee Retirement Administration Commission (PERAC). Membership in the plan is mandatory immediately upon the commencement of employment for all permanent, full-time employees.

  • Retirement System & Board

  • Retirees

  • Active Members

  • Forms & Information

Staff Members

  • Michael Pasquariello, Executive Director
  • Dave Castellarin, Deputy Director (x4604)
  • Karen Marchant, Admin Assistant (x4600)

Retirement Board Members

  • Edward F. Bean, Chairman
  • Tom Ross, Vice Chairman
  • Alex Nosnik, Mayoral Appointee
  • Robert Massie, 5th Board Member
  • John M. Memory, Elected Member
  • Thomas Ross, Elected Member

Investments

Budgets

Meeting Agendas & Minutes
 

Reports

Retirement Board Member Elections PERAC Guidelines
 

Massachusetts Association of Contributory Retirement Systems (MACRS)
 

Public Employee Retirement Administration Commission (PERAC)