To serve the multi-employer defined benefit plan consisting of the members/employees, retirees and beneficiaries of the City of Cambridge, the Cambridge Housing Authority, the Cambridge Public Health Commission and the Cambridge Redevelopment Authority. A five-member Board manages the assets of the system, collects the necessary data to adopt actuarial assumptions necessary to properly fund the System, counsels members and administers retirement, disability and death benefits. The plan was established on July 1, 1939 according to Massachusetts General Laws, Chapter 32 inclusive. Membership includes 5 members (Ex-Officio City Auditor, 2 representatives elected by employees and retirees, 1 member appointed by City Manager and the remaining member chosen by the four members).

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Meeting Frequency: Monthly Board meetings are held at 100 CambridgePark Drive, Suite 101. Call the Cambridge Retirement System at 617-868-3401 for more information on days/times of meetings.

Affecting Legislation: Massachusetts General Laws, Chapter 32.

Term Limit: 3 year Terms, unlimited number of Terms.

Positions: 2 in total. 2 occupied. No vacancies.