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2700. Retirement Board

 Record Group
Identifier: 2700
The Boston Retirement System was established on February 1, 1923, under the provisions of Chapter 251 of the Acts of 1922, which was accepted by the Mayor and City Council in August, 1922. An additional retirement system for city and county employees was provided by Chapter 658 of the Acts of 1945. This act was accepted by the City Council on June 3, 1946 and approved by the Mayor on June 5, 1946. The new system, designated as the State-Boston Retirement System, went into effect on October 1, 1946. Every employee appointed after that date becomes a member of the new system. The Retirement Board manages the State-Boston Retirement System (SBRS) which serves the members and retirees of the City and its agencies, including the School Department, the Boston Redevelopment Authority, and the Boston Housing Authority. The Board distributes pensions and refunds while preserving the System’s assets. The Board is responsible for processing monthly payroll benefits and maintains accounting records pertaining to cash receipts, disbursements, and investment transactions of multiple investment funds. The Board oversees other aspects of the retirement system, such as the auditing of disability retirees’ earnings and the review of the disability status of retirees.

Found in 3 Collections and/or Records:

Retirement Board annual reports and publications

 Series
Identifier: 2700.003
Scope and Contents Includes copies of annual reports of the Boston Retirement Board for the years 1959-1968 and 1971 and miscellaneous publications. Annual reports can also be found in the City Documents series.

Retirement Board ledgers

 Series
Identifier: 2700.002
Scope and Contents Financial ledgers of the Retirement Board for the years 1923-1966, 1990-1992 and 1995.

Retirement Board proceedings

 Series
Identifier: 2700.001
Scope and Contents Includes minutes and hearings of the Boston Retirement Board, 1922-1932 and 1934-1962.