The Falmouth Retirement Board is seeking proposals from qualified property owners to lease and/or purchase a parcel of land, with buildings thereon with associated parking, within the Town of Falmouth, to use for the administrative offices of the Falmouth Contributory Retirement System. The option to lease office space shall be for a minimum term of 10 years with an option to extend the lease for an additional 10-year period. The Board has determined that the option to purchase is subject to M.G.L. Chapter 30B and Commonwealth of Massachusetts Regulations 840 C.M.R.
Wednesday, April 6, 2022
The Falmouth Retirement Board unanimously voted to approve a Cost-of-Living Adjustment for FY 2023. Effective July 1, 2022, a 3% Cost-of-Living Adjustment will be applied up to the first $14,000.00 of a recipient’s annual retirement allowance. The maximum amount a recipient can receive is $35.00 per month. Eligible recipients will be those who retired or began survivor benefits on or before June 30, 2021. Recipients will see this Cost-of-Living Adjustment with their direct deposit on Friday, July 29, 2022.
Monday, May 24, 2021
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 Wednesday, May 12, 2021, there was only one applicant – the incumbent, Ellen K. Philbin. Therefore, at its regular monthly board meeting held on May 20, 2021 with all four board members present, the Falmouth Retirement Board unanimously voted to re-appoint Ms.
Monday, May 24, 2021
The Falmouth Retirement Board unanimously voted to approve a Cost-of-Living Adjustment for FY 2022. Effective July 1, 2021, a 3% Cost-of-Living Adjustment will be applied up to the first $14,000.00 of a recipient’s annual retirement allowance. The maximum amount a recipient can receive is $35.00 per month. Eligible recipients will be those who retired or began survivor benefits on or before June 30, 2020. Recipients will see this Cost-of-Living Adjustment with their direct deposit on Friday, July 30, 2021.
Friday, April 24, 2020
The Falmouth Retirement Board unanimously voted to approve a Cost-of-Living Adjustment for FY 2021. Effective July 1, 2020, a 3% Cost-of-Living Adjustment will be applied up to the first $14,000.00 of a recipient’s annual retirement allowance. The maximum amount a recipient can receive is $35.00 per month. Eligible recipients will be those who retired or began survivor benefits on or before June 30, 2019. Recipients will see this Cost-of-Living Adjustment with their direct deposit on July 31, 2020.
Friday, April 24, 2020
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 23, 2020, 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, 2020 and run through the date of expiration on May 25, 2023. He will serve on the Falmouth Retirement Board in all respects as thou
Friday, February 21, 2020
An election, by mail, is to be held on Friday, May 22, 2020 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, 2020 through the date of expiration on May 25, 2023. All members in service, members inactive and retirees are eligible to vote. On Thursday, April 23, 2020, 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 candidat
Tuesday, August 27, 2019
It is hereby determined that Russell R Ferreira 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 22, 2019, 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, 2019 and run through the date of expiration on October 30, 2022. He will serve on the Falmouth Retirement Board in all respect
Thursday, July 11, 2019
The Falmouth Retirement Board unanimously voted to approve a Cost-of-Living Adjustment for FY 2020. Effective July 1, 2019, a 3% Cost-of-Living Adjustment will be applied up to the first $14,000.00 of a recipient’s annual retirement allowance. The maximum amount a recipient can receive is $35.00 per month. Eligible recipients will be those who retired or began survivor benefits on or before June 30, 2018. Recipients will see this Cost-of-Living Adjustment with their direct deposit on July 31, 2019.