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Please be advised that City offices will be closed on Monday, January 20th, in observance of the Martin Luther King, Jr holiday.

Attention Holyoke residents, the current regular parking ban will conclude on Tuesday, January 21, 2025, at 8am. Please be advised that starting at 8am on January 21, a reverse parking ban will be enforced, prohibiting parking on the EVEN side of the street and on cul-de-sacs until further notice. Thank you for your cooperation.

Atención residentes de Holyoke, la actual prohibición de estacionamiento concluirá el martes 21 de Enero del 2025, a las 8am. Les informamos que a partir de las 8am del 21 de Enero, comenzará una prohibición de estacionamiento inversa, prohibiendo estacionarse en el lado PAR de la calle y en las calles sin salida hasta nuevo aviso. Gracias por su cooperación.

Retirement Board

Contact

Anthony Dulude
Executive Director

City Hall Annex
Room 207
20 Korean Veterans Plaza Holyoke MA 01040
Monday - Friday
8:30 am to 4:30 pm

The Retirement Board is responsible for providing City employees and retirees with information regarding retirement benefits and regulations.

Mission Statement

To provide accurate, timely, and consistent guidance and benefits to members and their beneficiaries in a courteous and professional manner.

To ensure that the investment portfolio is adequately diversified at an acceptable risk level to provide sufficient assets to fund the benefits when due.

Vision Statement

To become a retirement benefits leader in member counseling and benefits delivery by embracing technology, supporting staff development, and focusing on member needs.

 

The Holyoke Contributory Retirement System is one of 105 contributory retirement systems within the Commonwealth of Massachusetts.  Chapter 32 of the Massachusetts General Laws defines the benefits, contribution requirements, accounting procedures and funding for all 105 systems.  The Public Employee Retirement Administration Commission (PERAC) oversees the systems and ensures that all boards are in compliance with Chapter 32.

The retirement system is funded by an annual appropriation from City departments and from employee contributions.  These funds are invested in fixed income, domestic and international equities, commodities, private equity and real estate.

The Holyoke Retirement Board is responsible for providing all city employees with information regarding benefits and regulations pertaining to retirement, in addition to overseeing the administration of the office.  The Board is made up of 5 members; an Ex-Officio member, 2 elected members, 1 member appointed by the Mayor, and 1 member appointed by the other 4 members.

Notice of election results for First Member held on December 20, 2024 found here.

The Retirement Board will be holding an election for a Second Member on January 30, 2025. The notice with full details can be found here.

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