Reading Retirement Board Looking for Fifth Member

The Reading Retirement Board is seeking applicants for the position of Fifth Member.

The Fifth Member position is to be elected by the other four Board Members for a three-year term commencing April 1, 2018. The Fifth Member, together with the Board, acts as a fiduciary of the Reading Retirement System and is involved in the administration of the system. The Board meets once a month, generally the last Tuesday of each month and at other times as needed. Monthly meetings last from 1-2 hours plus additional supplemental and emergency meetings as necessary, held at Reading Retirement Board office.

The Fifth Member will be required to complete 18 hours of educational credits during his/her term and file an Annual Statement of Financial Interest with the Public Employee Retirement Administration Commission (PERAC). In addition, the Fifth Member must become proficient in state retirement law (MGL c. 32) plus Board policies and procedures. Travel to local meetings and training is also required.

Applicants for the Fifth Member position cannot be an active, inactive, retiree, contractor or an official of the Town of Reading or one of its governmental units. If you are interested in applying for the Fifth Member of the Reading Retirement Board position, please send a letter of interest and resume to Colleen Loughlin, Administrator, Reading Retirement Board, 2 Haven Street, Unit 307, Reading, MA 01867 or email to cloughlin@ci.reading.ma.us by February 22, 2018.