If you have 20 years of service you can retire at . GROUP 4 CHART- For members who entered service prior to April 2, 2012.

Those seeking Group 4 classification must be at least 45 years old to be considered. MASSACHUSETTS GROUP 1 RETIREMENT PERCENTAGE CHART For Members-In-Service Hired BEFORE April 2, 2012 03/2015 SEE REVERSE SIDE > AGE AT RETIREMENT 50 51

HOW TO USE THE CHART: Multiply the indicated percentage by the average of your three (3) highest consecutive years' salary Eligibility: You are eligible to retire at age 55.

Group 1 Retirement Percentage Chart for Employees who Became Members After 4/2/2012 (17 KB) Contact Information.

Eligibility: You are eligible to retire at age 55 with no service requirement.

Group 4 includes certain public safety officers and officials, correction officers and certain other correction positions, and parole officers or parole supervisors. Brookline Contributory Retirement System Group 4 RETIREMENT PERCENTAGE CHART (Group 4 includes police and firefighters) Eligibility: You are eligible to retire at age 55 with 10 years of service. Surviving Spouse: Effective 4/2/2012, the minimum benefit paid to the surviving spouse of a member who dies while in service increases from $250/month to $500/month. Home.

GROUP 4 - RETIREMENT PERCENTAGE CHART (Group 4 includes firefighters, licensed electricians, first- and second-class stationary engineers, watch engineers, steam firemen, utility technicians and ot her supervisors.) Skip to main content.

The Option A annual pension amount will be $42,500.

Contact: Retirement 617-635-4311 send an email 1 City Hall Square Room 816 Boston, MA 02201-2038 Still have questions?

The portal allows you to run estimated calculations of your retirement allowance.

Retirement Eligibility: An employee may retire at any age with 20 or more years of creditable service.

Eligibility: You are eligible to retire at age 55 with 10 years of service. MA 01501 Telephone: 508-832-6314 Fax: 508-832-6318 info@wrrboard.org If you have 20 years of service you can retire at any age. The charts are linked at the bottom of this page.

MASSACHUSETTS GROUP 1 RETIREMENT PERCENTAGE CHART For Members-In-Service Hired BEFORE April 2, 2012 03/2015 SEE REVERSE SIDE > BENEFIT RATE CHART* Age upon date Percentage of Average Annual Rate of Regular Compensation of Retirement Group 1 Group 2 Group 4 65 or older 2.5 2.5 2.5 64 2.4 2.5 2.5 63 2.3 2.5 2.5 62 2.2 2.5 2.5 61 2.1 2.5 2.5

Your benefits stop when you die.

Directions: Your percentage is calculated by multiplying your age factor by your total years of creditable service. To calculate your option "A" (maximum) retirement allowance: Multiply the .

23 18.4 20.7 23.0 25.3 27 .6 9 32.2 46.0 483 50.6 52.9 55.2 57.5 57.5 57.5 57.5 57.5 57.5

Two calculators are offered: one for members entering service before April 2, 2012 and one for members entering service on or after April 2, 2012.

Group 1 Percentage Chart; Group 2 Percentage Chart; Group 4 Percentage Chart; Age Factors - Membership Established On or After April 2, 2012; For more information on the types of retirement benefits available and how they are calculated, please see Retirement Benefits and Options under the Retirees tab. BCRS 645 County Street Taunton, MA 02780 Ph: (508) 824-4029 Fax: (508) 880-8749 . 4. Retirement Chart-Group 1 Member Before April 2, 2012Retirement Chart-Group 2 Member Before April 2, 2012Retirement Chart-Group 4 Member Before April 2, 2012Retirement Chart-Member On or After April 2, 2012. You may also review your beneficiary selection, salary history and contact information.

Your position, occupation, and the duties you perform determine your group classification.

The group classification applicable to your specific position at the time of retirement may be reviewed by the State Retirement Board for determination pursuant to its Group . www.cambridgeretirementma.gov If you have 20 years of service you can retire at any age.

Group 4 RETIREMENT PERCENTAGE CHART - FOR MEMBERS WHO BEGAN SERVICE PRIOR TO 4/2/2012 (Group 4 includes firefighters and police officers) Cambridge Retirement System 100 CambridgePark Drive, Suite 101 Eligibility: You are eligible to retire at age 55, with at least 10 years of service www.cambridgeretirementma.gov If you have 20 years of .

Group Classification Information (MSRB) Know your group by what you do.

Because benefits are now based, in part, on an individual's membership date, the MTRS distinguishes between two "Membership Tiers." Below are our two "retirement percentage" charts, which

FedCop said: Can anyone explain with clarity how the Municipal Police Retirment (Group 4) works?

Retirement Chart These Retirement Charts give the approximate percentage of your three year average salary based on your age and years of creditable service, that you would receive if selecting Option A at retirement. In today's (2019) dollars, however, that annual payment will only be worth $27,206 at age 65. 2 Griffin Way Chelsea, MA 02150 Phone: 617-305-5595 Fax: 617-371-1616

Minimum Pension Benefit: Effective 4/2/2012, the minimum pension for members who retired with at least 25 years of creditable service is increased from $10,000/year to $15,000/year.

For example; minimum length of service, age at retirment, and retirement percentage based on "high 3." Middlesex Retirement system has a great web site that will answer most, if not all, of your .

Pension Reform III, effective November 16, 2011, created a new benefit structure for individuals who became members of Massachusetts public retirement systems on or after April 2, 2012.

Group 2 RETIREMENT PERCENTAGE CHART - FOR MEMBERS WHO BEGAN SERVICE PRIOR TO 4/2/2012 (Group 2 employees include electricians and emergency dispatchers) Cambridge Retirement System 100 CambridgePark Drive, Suite 101 Eligibility: You are eligible to retire at age 55, with at least 10 years of service www.cambridgeretirementma.gov If you have 20 years of service you can retire at any age.

Retirement options OPTION A Receive maximum monthly payments for as long as you live.

Calculators and Estimators Members in Groups 1, 2 or 4 may use the State Retirement Board's online pension calculator to estimate their retirement benefits.

Middlesex County Retirement System .

Group 4. Sep 27, 2006.

Charts apply to membership before April 1, 2012 Retirement Chart - Group 1 (35 KB) Retirement Chart - Group 2 (31 KB) The calculator provides estimates for members of the State Employees Retirement System (1) who entered service before April 2, 2012; and (2) entered service on or after April 2, 2012.

An employee may retire upon attaining age 55 if he/she has 10 or more years of creditable service. Group 2 RETIREMENT PERCENTAGE CHART-FORMEMBERS WHOBEGANSERVICE PRIORTO4/2/2012 (Group 2employees include electricians and emergency dispatchers) Eligibility: You are eligible to retire at age 55, .

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Group 4 RETIREMENT PERCENTAGE CHART - FOR MEMBERS WHO BEGAN SERVICE AFTER 4/2/2012 (Group 4 includes firefighters and police officers) Cambridge Retirement System 100 CambridgePark Drive, Suite 101 Eligibility: You are eligible to retire at age 55, if you have at least 10 years of service.

Massachusetts State Retirement Board Public Employee Retirement Administration Commission Retirement Pension Estimator Members of the Massachusetts State Employees' Retirement System (MSERS) can use the retirement calculator below to calculate an estimated pension amount based on their group classification and beneficiary details.

This pension calculator will give members of the Massachusetts Employees' State Retirement System in groups 1, 2 or 4 an approximation of their retirement benefits.

Worcester Regional Retirement System 23 Midstate Drive, Suite 106 Midstate Office Park Auburn, MA 01501 . By age 65, the face value of the annual payment will grow slightly, through the COLA, to $43,865.

Download Chart ; View Larger Chart; Percentage Charts; Plan Benefits Information; . The Retirement Office has various charts available to estimate your retirement percentage given your age and service time.

Massachusetts Port Authority Employees' Retirement System GROUP 2 RETIREMENT PERCENTAGE CHART (Group 2 includes Logan gate guards and maritime port officers.

Our retirement checklist has more tips about the retirement process.