Retirement System

Latest News

Monday, June 18th
Congratulations to Antonio Torres for his re-election to the Retirement Board.  The term will commence on July 1, 2018 and expire on June 30, 2021. 

Congratulations to Frank Creedon on a well-run campaign.


Thursday, May 24th

Please note that all ballots have been mailed today for the Election of a Board Member to the Retirement System. Two candidates have qualified by filing sufficient nomination signatures to run for the position of elected employee/retiree representative to the Board of the MassHousing Retirement System.  The qualified candidates are Frank Creedon and Antonio Torres (incumbent). 

Tuesday, August 1st

Effective July 1st, the Massachusetts Housing Finance Agency Employees' Retirement System has granted a 3% cost of living increase (COLA) to qualifying retirees and beneficiaries on the base maximum of $13,000 of benefits.  Retirees receiving an annual benefit of $13,000 or more will receive a monthly increase of $32.50.

Thursday, January 19th

As many of you have read and seen on the news, the state continues to grapple with unsustainable health care cost increases.  The federal-state program, known as MassHealth, now costs more than $15 billion a year – nearly forty percent of the state budget.  As a result, all state agencies, including the GIC, must trim their sails.

Wednesday, November 9th

It is hereby determined that Michael Fitzmaurice was the only candidate to have submitted valid nomination papers for election to the MHFA Employees’ Retirement Board.  Therefore, at the meeting of the MHFA Employees’ Retirement Board held on Tuesday, November 8, 2016, the Board voted to declare that Michael Fitzmaurice be considered elected to the MHFA Employees’ Retirement Board and that no election shall be held.