Latest News

05-15-2025

Notice of Election for the Cambridge Retirement Board

An election is to be held on September 15, 2025 for the purpose of electing a member or retiree of the Cambridge Retirement System to serve on the Cambridge Retirement Board for a term of three (3) years, said term to commence on October 1, 2025.

All holding membership in the Cambridge Retirement System may qualify as a candidate by filing with the Cambridge Retirement Board a nomination paper containing the signatures and addresses of at least twenty (20) members and/or retirees of this system.

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04-02-2025

Request for Proposal - Domestic Core Fixed Income

The Cambridge Retirement Board is conducting a search for Domestic Core Fixed Income.  The total mandate will be approximately $220 million split between multiple investment managers. The Board currently utilizes three domestic fixed income managers and the search is being conducted per M.G.L Ch. 32, which requires the Board to re-evaluate its existing managers on a periodic basis (required every 7 years). MBE and WBE firms are strongly encouraged to participate in the search.
 
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02-20-2025

Cambridge Retirement now on BlueSky

Members of the public can now follow the Cambridge Retirement Board on BlueSky Cambridge Retirement Board (@cambridgeretire.bsky.social) — Bluesky

All news updates about the system, including meeting dates, agendas, minutes, investment reports and changes affecting members will be posted here.

The system will also continue to post updates on X (23) Cambridge Retirement (@CambridgeRetire) / X

 

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12-31-2024

2025 Medicare Reimbursements

All retirees and spouses who currently receive a reimbursement of Medicare premiums from the City should review this information.  The 2025 standard amount for Medicare Part B is $185.00 per month, an increase of $10.30 from last year.

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12-19-2024

Retirement Office Closed on December 23

Due to electrical work at our office on 125 CambridgePark Drive, the retirement office will be closed on Monday, December 23.  Staff members will be working remotely that day and will still be available via phone or email.  The office will also be closed on December 24 and 25 due to the Christmas holiday.

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11-25-2024

Retirement Office Closed on December 9

Due to electrical work at our office on 125 CambridgePark Drive, the retirement office will be closed on Monday, December 9.  Staff members will be working remotely and will still be available via phone or email.

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10-24-2024

Retirement Consultation Email

We’ve heard from several employees recently who received messages in their City of Cambridge email accounts which offer meetings to answer questions about their retirement plans.  These messages were NOT sent by the Cambridge Retirement Board.  They were sent by a private company that offers life insurance and other financial products.  If you have any questions about your retirement plan, please feel free to contact us directly.

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09-30-2024

Request for Proposal - Timber Fund or Timber/Farmland Fund

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09-12-2024

Report of the CRB Investment Portfolio Balances

On September 5, 2024 the Board was updated on the financial health of the Cambridge Retirement System.  The attached screenshots show the increase in value of the fund from 2014 to present.  The Board is happy to report that we are closing in on $2 billion of assets and with support from the City of Cambridge we expect the unfunded liabilities to be paid up within the next few years.

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07-15-2024

Job Posting - Member Services Coordinator

The Member Services Coordinator will provide administrative and clerical support to the Cambridge Retirement System.  Under the supervision of management staff, the specific duties of the position include but are not limited to the following:

Essential Duties and Responsibilities

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