Retirement

Related Board: Retirement Board

Hingham Retirement Plan Description

The plan is a contributory defined benefit plan covering all Hingham Retirement System member unit employees deemed eligible by the retirement board, with the exception of school department employees who serve in a teaching capacity. The pensions of such school employees are administered by the Teachers' Retirement Board.

Membership

Membership in the system is mandatory for all employees who are regularly employed on a part-time (at least 20 hours a week) or full-time permanent basis.  If you are regularly employed in the performance of duties for the Town of Hingham you are considered a member-in-service until you separate from service by reason of retirement, failure of re-election or re-appointment, resignation or removal or discharge from your position or office that you hold. 

Certain part-time, provisional, seasonal, intermittent or temporary employees who are ineligible for membership will be required to participate in an alternative plan. Except in very limited circumstances, persons who are retired from one of the 105 public retirement systems in Massachusetts cannot join another Massachusetts public retirement system.