The board members of the Falmouth Contributory Retirement Board (“Board”) in performing due diligence are currently seeking Requests for Proposal (R.F.P.) for the procurement of services for a qualified firm of certified public accountants to audit the basic financial statements of the Falmouth Contributory Retirement System ("System") for years-ended December 31, 2025 through December 31, 2031. The Board is responsible for administering the assets of the System which, as of December 31, 2024, is valued at approximately $211.3 million. To be considered, candidates must meet the
Thursday, August 14, 2025
Wednesday, August 13, 2025
The board members of the Falmouth Contributory Retirement Board (“Board”) in performing due diligence are currently seeking proposals from qualified legal services firms and/or individual attorneys, with experience representing Massachusetts public retirement systems, for the procurement of services to provide legal counsel consistent with Massachusetts General Laws Chapter 32 and regulations of the Public Employee Retirement Administration Commission 840 CMR. To be considered, candidates must meet the following criteria:
Wednesday, July 2, 2025
An election, by mail, is to be held on Friday, October 10, 2025 for the purpose of electing the First Elected Member to serve on the Falmouth Retirement Board for a term that will commence on October 31, 2025 and run through the date of expiration on October 30, 2028. All members in service, members inactive and retirees are eligible to vote. On Friday, September 5, 2025, voting ballots with instructions will be mailed to the address on file with the Falmouth Retirement System. Any member in service or retiree of the Falmouth Retirement System may qualify as a candidate by
Friday, May 16, 2025
The Falmouth Retirement Board unanimously voted to approve a Cost-of-Living Adjustment for FY 2026. Effective July 1, 2025, a 3% Cost-of-Living Adjustment will be applied up to the first $16,000.00 of an eligible recipient’s annual retirement allowance. The maximum amount an eligible recipient can receive is $40.00 per month. Eligible recipients will be those who retired or began survivor benefits on or before June 30, 2024. Eligible recipients will see this Cost-of-Living Adjustment with their direct deposit on Thursday, July 31, 2025.
Thursday, March 6, 2025
The Falmouth Retirement System seeks a highly motivated, qualified individual to serve in the capacity of the full-time Office Assistant who will assist in the day-to-day administration and operation of the retirement office. The successful candidate will have strong administrative and clerical experience, meticulous attention to detail, and excellent customer service skills necessary to achieve and maintain the efficient operation of the retirement office. The position requires the application of considerable judgement, confidentiality and timelines.
Friday, May 17, 2024
The Falmouth Retirement Board unanimously voted to approve a Cost-of-Living Adjustment for FY 2025. Effective July 1, 2024, a 3% Cost-of-Living Adjustment will be applied up to the first $16,000.00 of an eligible recipient’s annual retirement allowance. The maximum amount an eligible recipient can receive is $40.00 per month. Eligible recipients will be those who retired or began survivor benefits on or before June 30, 2023. Eligible recipients will see this Cost-of-Living Adjustment with their direct deposit on Wednesday, July 31, 2024.
Friday, May 17, 2024
The Falmouth Retirement Board has conducted a public application process for the position of Fifth Member to the Falmouth Retirement Board. As of the application deadline, by 2:00 p.m. on Thursday, May 9, 2024, there was only one applicant – the incumbent, Ellen K. Philbin. Therefore, at its regular monthly board meeting held on May 16, 2024 with all four board members present, the Falmouth Retirement Board unanimously voted to re-appoint Ms.
Friday, April 21, 2023
It is hereby determined that Craig B O’Malley was the only candidate nominated for the position as the Second Elected Member to be elected to the Falmouth Retirement Board. Therefore, at the meeting of the Falmouth Retirement Board which was held on Thursday, April 20, 2023, the board members voted to declare elected the Second Elected Member to the Falmouth Retirement Board and that no election shall be held. His term will commence on May 26, 2023 and run through the date of expiration on May 25, 2026. He will serve on the Falmouth Retirement Board in all respects as thou
Friday, April 21, 2023
The Falmouth Retirement Board unanimously voted to approve a Cost-of-Living Adjustment for FY 2024. Effective July 1, 2023, a 3% Cost-of-Living Adjustment will be applied up to the first $16,000.00 of an eligible recipient’s annual retirement allowance. The maximum amount an eligible recipient can receive is $40.00 per month. Eligible recipients will be those who retired or began survivor benefits on or before June 30, 2022. Eligible recipients will see this Cost-of-Living Adjustment with their direct deposit on Monday, July 31, 2023.