The board members of the Falmouth Retirement System, a Massachusetts public pension fund with approximately $112 million in assets, are seeking proposals from private equity managers for the possible award of up to $5 million of the system’s portfolio. Please note that there is no assurances that the Falmouth Retirement Board will ultimately commit this amount of capital. As part of this search, the board members will consider a wide variety of strategies that are in accordance with the minimum criteria set forth in the Request for Proposal.
Wednesday, April 20, 2016
Thursday, April 14, 2016
The Falmouth Retirement Board unanimously voted to approve a Cost-of-Living Adjustment for FY 2017. Effective July 1, 2016, a 3% Cost-of-Living Adjustment will be applied up to the first $12,000.00 of a recipient’s annual retirement allowance. The maximum amount a recipient can receive is $30.00 per month. Eligible recipients will be those who retired or began survivor benefits on or before June 30, 2015. Recipients will see the Cost-of-Living Adjustment with their direct deposit on July 29, 2016.