Retirement

 

FRANKLIN REGIONAL RETIREMENT SYSTEM
www.frrsma.com

Benefitted employees who work 20 hours or more per week
OR any employee (regardless of hrs/wk) who previously was or is currently enrolled in FRRS
Contribution rate determined by hire date
Anyone hired after January 1, 1979: additional 2% will taken on any regular compensation earned over $30,000 
Retirement Percentage Chart (Non-Public Safety Members)
Retirement Percentage Chart (Public Safety Members ONLY)
Beneficiary Change Form
Questions?
Phone: 413-774-4837
Email: General.FRRSMA@gmail.com
Location: 278 Main Street (Suite 311), Greenfield, MA 01301
Monday – Thursday 8 a.m. to 4:30 p.m. and Friday 8 a.m. to 2 p.m.

 

MASSACHUSETTS TEACHER RETIREMENT SYSTEM
mtrs.state.ma.us

All public school teachers, psychologists, psychiatrists, counselors, principals, and social workers
Contribution rate determined by "effective membership date" 
MTRS Benefits Guide
Beneficiary Change Form
Change of Address Form (Retirees ONLY)
Questions?
Phone: 617-679-6877
Email: GenInfo@trb.state.ma.us

 

OBRA (NATIONWIDE)
www.nrsforu.com

Non-benefitted employees who work less than 20 hours per week, seasonal/temporary
Minimum 7.5% of compensation deducted
May elect to have a higher perfectage or additional flat amount deducted
Acknowledgement Card (new enrollments or revisions to existing accounts)
Name / Address / Beneficiary Change Form
Severance Payout Form 

Questions? 
Phone: 1-877-677-3678
Email: nrsforu@nationwide.com

 

----------------------------------------------------------------------------------------------------------

 

ADDITIONAL RETIREMENT PLANS (OPTIONAL) 

The Town of Deerfield also offers the following deferred compensation plans for benefitted employees.
These are all OPTIONAL and are IN ADDITION TO your mandatory obligations through Franklin Regional Retirement or Massachusetts Teacher Retirement Systems. 

 

TSA
TSA Consulting Group -
School Employees ONLY
(benefitted & non-benefitted)
www.tsacg.com (888) 796-3786
403b Plan Overview - "403b is like a 401k for educators"
Salary Reduction Form - Enrollment form for *NEW* accounts or to make *CHANGES* to current plans

Authorized Investment Providers (click on providers name to visit their website):
American Funds - (800) 421-0180
Ameriprise Financial - (800) 862-7919
AXA Equitable Life Insurance Company - (800) 628-6673
Great American-Annuity Investors Life - (800) 854-3649
Horace Mann Insurance Company - (800) 999-1030
Mass Mutual Life Insurance Company - (800) 272-2216

 

SmartPlan
SMART Plan
(Great-West / Empower Plan)
www.mass-smart.com

457 Plan Overview
Enrollment Form - Detailed
Enrollment Form - Simplified
Beneficiary Designation Form 
Representative: Dan Moroney, dan.moroney@empower-retirement.com

 

Nationwide
Nationwide

www.nrsforu.com
457(b) Plan Overview
Representative: Ron LeClair, leclair@nationwide.com

 

 

 

 

**If an employee is retired from either the Franklin Regional Retirement System or Massachusetts Teacher Retirement System and are rehired as a part-time employee, they will NOT have any retirement deducted from their pay**