The Massachusetts Public Employee Pension Plan is a 401(a) Defined Benefit Plan established by MGL Chapter 32 and is further regulated by the Commonwealth's Public Employee Retirement Administration Commission (PERAC) for all public (state, municipal, & regional) employees. Massachusetts public employees are excluded from coverage under Social Security.
The State Retirement Board (SRB) administers MGL Chapter 32 for all State Employees and the Mass Teachers Retirement Board (MTRB) administers MGL Chapter 32 for all Massachusetts Teachers. Municipal and Regional employees are administered by local and regional Retirement Boards.
Hampshire County Retirement System (HCRS) is the regional retirement system for the employees of cities, towns, districts and authorities located within Hampshire County, with the exception of Northampton and Easthampton.
|Municipal & Regional Employers covered by Hampshire County Retirement System|
|Cities/Towns||Regional School Districts||Housing Authorities|
|Amherst||Amherst-Pelham Regional School||Amherst Housing Authority|
|Belchertown||Chesterfield-Goshen Regional School||Belchertown Housing Authority|
|Chesterfield||Gateway Regional School||Granby Housing Authority|
|Cummington||Hampshire Regional School||Hatfield Housing Authority|
|Goshen||Hadley Housing Authority|
|Granby||Fire/Water/Health Districts||Hampshire Regional Housing Authority|
|Hadley||Belchertown Water District||South Hadley Housing Authority|
|Hatfield||Foothills Health District||Ware Housing Authority|
|Huntington||Quabbin Health District|
|Middlefield||South Hadley Fire District 1|
|Pelham||South Hadley Fire District 2|
|South Hadley||Other Regional|
|Southampton||South Hadley-Easthampton Veterans|
|Ware||Hampshire County Group Insurance Trust|