Retirement Board News Updated Monthly



Money in the bank

Our retirement board achieved the 5th highest earnings on our investments in 2007, compared to the 78 retirement systems within Massachusetts that control their own investments! We came just short of the State's Pension Reserve Investment Trust (PRIT), which earned 16.2%. The final 2007 return figure for ERRB is 15.8%




Happy Retirement!

Retirees of the month....... Thank you for your public service. Enjoy your retirement!

The Essex Regional Retirement Board would like to thank the following individuals for their years of public service. They were all retired between the November 2007 and April 2008 Board meetings.

  • Frederick Murtagh retired from the Essex Agricultural and Technical Institute with over 45 years of public service.
  • J. William Hmurciak retired from the Town of North Andover with over 36 years of public service.
  • Charles Schwartz retired from the Town of Ipswich with over 35 years of public service.
  • Susan Holmes retired from the Town of North Andover with 35 years of public service.
  • John Messelaar retired from the Town of Ipswich with over 34 years of public service.
  • David Doyle retired from the Town of Wenham with over 32 years of public service.
  • Lawrence Kavanagh retired from the Town of Wenham with over 31 years of public service.
  • Bonnie Gray retired from the Town of Rockport with over 31 years of public service.
  • Sheila Field retired from the Triton Regional School District with 31 years of public service.
  • Marianne Burbridge retired from the Town of Groveland with over 29 years of public service.
  • Worthen Taylor retired from the Town of Newbury with 28 years of public service.
  • Ronald Martineau retired from the Town of Ipswich with 23 years of public service.
  • Robert Smith retired from the Town of Ipswich with over 21 years of public service.
  • Joanne Rennie retired from the Town of North Andover with over 21 years of public service.
  • Steven Carpenter retired from the Town of North Andover with over 20 years of public service.
  • Pauline Croteau retired from the Town of Topsfield with 20 years of public service.
  • Patricia Ayers retired from the Town of Ipswich with over 18 years of public service.
  • George Budrow retired from the Town of Rockport with over 18 years of public service.
  • Andrea Sneider retired from the Town of Salisbury with over 17 years of public service.
  • Yvonne Arakelian retired from the Town of Groveland with over 17 years of public service.
  • Elise Graves retired from the Town of Ipswich with over 17 years of public service.
  • Rodney Wood retired from the Town of Groveland with over 15 years of public service.
  • Rafaela Soares retired from the Essex Agricultural and Technical Institute with over 14 years of public service.
  • Patricia Grant retired from the Town of North Andover with over 14 years of public service.
  • John Brislin retired from the Triton Regional School District with over 14 years of public service.
  • Patricia Sayers retired from the Town of Ipswich with 14 years of public service.
  • Glenn Dagle retired from the Town of North Andover with over 13 years of public service.
  • Patricia Jurewicz retired from the Town of North Andover with over 13 years of public service.
  • Helen Phillips retired from the Town of Georgetown with over 13 years of public service.
  • Ruth Anderson retired from the Manchester Essex Regional School District with over 12 years of public service.
  • John Price retired from the Town of Rowley with over 10 years of public service.
  • Roland Gagnon retired from the Town of Ipswich with over 10 years of public service.
  • Wayne Redmond retired from the Town of Lynnfield with over 10 years of public service.

Check out our legislation update page for improvements we are working towards for the future of our retirement system.