Retirement Board

Information About the Stoneham Retirement System

The Stoneham Contributory Retirement System is a defined benefit plan that operates as a qualified plan under Section 401(a) of the Internal Revenue Code. We have approximately 600 members including active and retired members. The Public Employee Retirement Administration Commission (PERAC) located in Somerville, Massachusetts oversees the Stoneham Retirement System as well as the 105 other Massachusetts retirement boards. Although operating independently all systems are bound together under one retirement law - Chapter 32 of the Massachusetts General Laws - that establishes benefits, contribution requirements, and an accounting and funds structure for all systems.

Since its inception in 1937, the Stoneham Contributory Retirement System has provided retirement, disability and survivor benefits to the employees of the system. Counseling services are available to all members who would like to discuss the various retirement benefits available and receive estimates of their potential retirement allowances.

The Stoneham Board of Retirement is comprised of:

  • The Town Accountant Ex-Officio member
  • A second member who shall be appointed by the Board of Selectmen
  • A third and fourth member who shall be elected by the members and retirees of the System for a term not exceeding three years
  • A fifth member who shall not be an employee, a retiree, or an official of the governmental unit and shall be chosen by the other four members for a term of three years

Records Access Officer (RAO)

The Records Access Officer (RAO) for the Stoneham Retirement Board is Karen DeAngelis.

Members

Name Term Expiration
Janice T. Houghton - Elected January 5, 2021
John J. Scullin - Elected December 15, 2020
Kathleen Sullivan - Appointed  
Francis Gould, Jr. -Elected December 15, 2020
David Castellarin - Town Accountant Ex-Officio

Meetings

  • 2 p.m.
  • Last Tuesday of every month
  • Town Hall
    35 Central Street
    Conference Room
    Stoneham, MA 02180

Agendas & Minutes

Agendas are available prior to the meetings. Minutes are available following approval.

View Most Recent Agendas and Minutes


Documents