WE ARE CURRENTLY LOCATED AT

Riverwalk, 354 Merrimack Street, Entry C - 3rd fl, Lawrence, MA 01843

Phone (978) 620-3570 - FAX (978) 683-5894

Hours 7:30 - 3:00 pm

(If a later appt. is needed, please call to make arrangements)

Riverwalk

 

 

 

 

Welcome

The City of Lawrence Retirement Board Members and Office Staff are always on hand and ready to assist you with any questions you may have regarding your retirement system. As always we would like to encourage our members and retirees to contact the office with any questions or concerns that may arise. This web site was created so that our members and retirees would have yet another tool to find information regarding their municipal pension. We hope you find our site informative and easy to navigate. We are happy to have you as a visitor and encourage you to come back often!

This information is not intended as a substitute for the Massachusetts General Laws nor will its interpretation prevail should a conflict arise between its contents and MGL Chapter 32. Rules governing retirement benefits are subject to change periodically either by statute of the Massachusetts Legislature or by regulation of the Lawrence Retirement Board.

Click here for information on our board profile including supplemental regulations, annual reporting and audits.

Benefits Office 978 620-3065
GIC 617 727-2310

*** RESERVE TIME ***

GROUP 4 MEMBERS - On June 21, 2013, the Contributory Retirement Appeals Board (CRAB) issued a decision on call firefighters which has an effect on the implementation of G.L.C. 32, § 4(2)(b) for current and future members. (section of MGL Ch 32 which pertains to reserve time for police officers and firefighters.)

Memo and applications will be mailed on 2/8/2014 - click here for a copy of what is being sent out

CITY HEALTH INSURANCE - (Excludes LHA & GLRVHS)

The city benefits office has informed us that the 2014 Open Enrollment for Health and Dental is from April 8 through May 7.

GIC will have an informational health fair. The closest location is

SATURDAY APRIL 19, 2014 11:00-2:00
Northern Essex Community College
The Technology Center, Rooms 103 A & B
100 Elliott Street HAVERHILL MA

City Benefits Department - 978 620-3065
GIC - 617 727-2310

RATE CHAGES FOR ALL UNITS OTHER THAN LHA AND GLRVS WILL TAKE EFFECT IN YOUR JUNE 30TH PENSION CHECK (we will post 2014 Rates once we have them)

7-2013 non medicare rates

7-2013 medicare rates

7-2012 & 1-2013 non medicare rates

7-2012 & 1-2013 medicare rates

IMPORTANT HEALTH INSURANCE INFORMATION** If you are eligible to enroll in Medicare Part B, you must do so immediately. Any questions can be directed to the benefits department at 978 620-3065. If you do not enroll, the Group Insurance Commission may deny membership in their plan.

GIC WEB PAGE

** There will be significant changes in the retirement laws for those who become members of a Retirement System on or after April 2, 2012.

** Please note: If you refund (withdraw) your account and return to service after April 2, 2012, you will fall under the new guidelines.

Below is a list of some of the changes. Click here for a link to an indepth list of more changes

  • Increased minimum retirement age; (Group 1 cannot retire prior to attaining age 60)
  • New age factors for calculating retirement allowances;
  • The unavailablility of the G.L. c. 32, 10 Termination allowance;
  • The applicability of G.L. c. 32 105 to elected officials;
  • Five Year Average Annual Rate of Regular Compensation for calculating allowances rather than a three year average;
  • Proration of benefits earned for service in different Group classifications;
  • New contribution rates;

 

RETIREMENT PENSION CALCULATOR

Link to Pension Reform

Perac Pension News 21 (helps break down phase II of Pension Reform)

 

 

Site updated 03/25/2014

Contact Us | ©2004 Lawrence Retirement System | Site designed and developed by Gina Rizzo, LRB | Hosted by City of Lawrence .