The City of Newburport requires employees who work 20 hours a week or more to participate in the Newburyport Retirement System. The contribution rate for most employees will be 9% of regular compensation with an additional 2% if your annual rate of regular compensation of $30,000 or higher.
Newburyport Retirement System Important Links
Public Employee Retirement Administration Commission (PERAC)
Voluntary 457 Deferred Compensation Plan
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