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The original item was published from 8/11/2021 3:38:54 PM to 8/25/2021 11:00:06 PM.

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Posted on: August 11, 2021

[ARCHIVED] Concord Contributory Retirement Board Seeks Qualified 5th Member

The Concord Contributory Retirement Board (“Board”) is seeking qualified applicants for the Fifth Member of the Board, to be chosen by the other four board members, for a three-year term commencing on December 31, 2021. The five-member Board acts as fiduciaries of the Concord Contributory Retirement System and performs their duties solely in the interest of its members and beneficiaries. The Board oversees the administration of its approximately 1,140 active, retired and inactive member and approximately $208 million in pension assets. The Board holds regular meetings one day per month, typically on the last Tuesday of each month, for approximately 1-2 hours. Meetings have been held remotely during the past year. The Board anticipates that meetings will be held on site at 55 Church Street, West Concord, Massachusetts once CDC guidelines permit.

Board Members are required to:

 File an Annual Statement of Financial Interest with PERAC detailing personal assets

 Complete Conflict of Interest and Ethics training biannually

 Develop knowledge of Massachusetts Open Meeting Law

 Develop knowledge of Massachusetts General Laws, Chapter 32

 Attend meetings, seminars and education and training as necessary

 Complete 18 hours of training during their first three years of their term in order to continue to serve on the Board. A minimum of three credits of training must be earned annually.

Applicants for the Fifth Member position shall not be an employee or retiree in the Concord Contributory Retirement System or any of its governmental member units. Interested candidates should submit their letter of interest, resume and other qualifications to the Concord Retirement Board c/o Linda Boucher, Retirement Administrator, 55 Church Street, West Concord, MA 01742 or submit electronically to by Friday, September 17, 2021 at 12:00 noon. Selected candidates will be invited to interview with the Board. For additional information, regarding the seat for the Fifth Member position, please contact Linda Boucher, Retirement Administrator.

Additional information can be found by visiting the Retirement Webpage

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