Experience
Because of the unique background of our firm, we have achieved a reputation for quality within the Massachusetts Retirement System. Over the years we have established working relationships with state agencies, custodial banks, investment managers, pension consultants, attorneys, and actuaries.
Satisfaction
When new challenges face your system, you can count on FAA to understand the issues and suggest solutions.
FAA's professionals
work not only with the board and retirement system staff, but with other city and town departments to create and maintain the efficient flow of information between you and your member-units.
We stay current with legislative and administrative issues that can impact your system. We develop new methods and help implement changes in your office in a quick and easy manner.
FAA can assist your staff in these areas:
Accounting/Investments
- Develop standard entries and monthly checklists
- Monthly, quarterly and annual reporting to PERAC
Member Files
- Creditable service/dates
- Annuity savings
- Member deduction posting
- Make-ups and buy-backs
- Refunds and transfers
Retiree Files
- Annual COLA/Section 90 increases
- Lifetime/State COLA reconciliation
- Dependant allowances
- Annuity balances
- General Simplified Rule
- 1099's and 945 (Federal W/H Reconciliation)
- Payroll
General
- Overall data review/reconciliation
- Standard Excel & Word templates
- Back-up procedures
- TACS Software year-end closing
- Implementation of new PERAC memos
Past & Present Retirement Clients
Brookline Retirement System
Fall River Retirement System
Franklin County Retirement System
Gloucester Retirement System
Hingham Retirement System
Hull Retirement System
Leominster Retirement System
Lynn Retirement System
Maynard Retirement System
New Bedford Retirement System
Norfolk County Retirement System
Northbridge Retirement System
Pittsfield Retirement System
Plymouth Retirement System
Shrewsbury Retirement System
Southbridge Retirement System
Springfield Retirement System
Waltham Retirement System
Woburn Retirement System
We can provide you with a complete listing of reference contacts at these systems.