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.
Thursday, April 13, 2023
At the request of the Falmouth Retirement Board, the Falmouth Town Meeting, with a quorum being present on Monday, April 10, 2023, voted unanimously to increase from $14,000.00 per year to $16,000.00 per year the maximum base amount upon which the annual cost-of-living adjustment (COLA) for a retiree is calculated. Said increase is to be effective on July 1, 2023. The maximum amount an eligible recipient can receive is $40.00 per month. Eligible recipients will see the increase to their cost-of-living adjustment with their direct deposit on July 31, 2023.
Friday, February 17, 2023
An election, by mail, is to be held on Wednesday, May 24, 2023 for the purpose of electing the Second Elected Member to serve on the Falmouth Retirement Board for a term that will commence on May 26, 2023 through the date of expiration on May 25, 2026. All members in service, members inactive and retirees are eligible to vote. On Wednesday, April 26, 2023, voting ballots with instructions will be mailed to the current address on file with the Falmouth Retirement System. Any member in service or retiree of the Falmouth Contributory Retirement System is eligible to be a cand
Friday, February 10, 2023
The Falmouth Retirement Board is seeking proposals from qualified property owners for lease and/or purchase of real property, with buildings thereon and associated parking, to use for the administrative offices of the Falmouth Contributory Retirement System. The proposed office space should consist of a minimum of 1,800 – 2,400 square feet, provide access to and use of the premises by individuals with disabilities, provide ample parking readily available (including spaces for handicap parking), and be located within the Town of Falmouth, MA. The option to lease office space shal
Monday, August 29, 2022
It is hereby determined that Scott T Starbard was the only candidate nominated for the position as the First Elected Member to be elected to the Falmouth Retirement Board. Therefore, at the meeting of the Falmouth Retirement Board which was held on Thursday, August 25, 2022, the board members voted to declare elected the First Elected Member to the Falmouth Retirement Board and that no election shall be held. His term will commence on October 31, 2022 and run through the date of expiration on October 30, 2025. He will serve on the Falmouth Retirement Board in all respects
Friday, July 8, 2022
An election, by mail, is to be held on Wednesday, October 12, 2022 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, 2022 through the date of expiration on October 30, 2025. All members in service, members inactive and retirees are eligible to vote. On Tuesday, September 13, 2022, voting ballots with instructions will be mailed to the current address on file with the Falmouth Retirement System. Any member in service or retiree of the Falmouth Contributory Retirement System is eligible