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Notice of Election Results

Thursday, May 25, 2017

An election, by mail, was held with ballots due on Friday, May 19, 2017 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, 2017 through the date of expiration on May 25, 2020.  Of the 409 total ballots cast, the results of the ballot count are as follows:

  • Craig B. O’Malley – Firefighter, Fire Rescue Department received 313 votes
  • Gerald C. Potamis – Retired, D.P.W. Wastewater Division received 79 votes
  • 17 ballots were disqualified or invalid
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Notice of Election to the Falmouth Retirement Board

Wednesday, February 15, 2017

An election, by mail, is to be held on Friday, May 19, 2017 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, 2017 through the date of expiration on May 25, 2020.  All members in service, members inactive and retirees are eligible to vote.  On Friday, April 21, 2017, 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 candidate

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Election by Declaration Announcment

Friday, September 9, 2016

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, September 8, 2016, 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, 2016 and run through the date of expiration on October 30, 2019.

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Notice of Election to the Falmouth Retirement Board

Friday, July 8, 2016

An election, by mail, is to be held on Friday, October 14, 2016 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, 2016 through the date of expiration on October 30, 2019.  All members in service, members inactive and retirees are eligible to vote.  On Friday, September 16, 2016, 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

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Request for Proposal for Private Equity issued April 2016

Wednesday, April 20, 2016

The board members of the Falmouth Retirement System, a Massachusetts public pension fund with approximately $112 million in assets, are seeking proposals from private equity managers for the possible award of up to $5 million of the system’s portfolio.  Please note that there is no assurances that the Falmouth Retirement Board will ultimately commit this amount of capital.  As part of this search, the board members will consider a wide variety of strategies that are in accordance with the minimum criteria set forth in the Request for Proposal.

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Cost-of- Living Adjustment (COLA) Approved

Thursday, April 14, 2016

The Falmouth Retirement Board unanimously voted to approve a Cost-of-Living Adjustment for FY 2017.  Effective July 1, 2016, a 3% Cost-of-Living Adjustment will be applied up to the first $12,000.00 of a recipient’s annual retirement allowance.  The maximum amount a recipient can receive is $30.00 per month.  Eligible recipients will be those who retired or began survivor benefits on or before June 30, 2015.  Recipients will see the Cost-of-Living Adjustment with their direct deposit on July 29, 2016.

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