Eligibility for Membership
If you are employed by the Town of Natick on a permanent basis and working for 20 or more hours a week on a regular basis, you are eligible to become a member of the Natick Retirement System.
According to Massachusetts General Law, Chapter 32, if you are eligible for membership your enrollment is mandatory.
Type of Plan
Your pension plan is a defined benefit plan.
Calculating Your Allowance
Your allowance is calculated using
Your years of creditable service
Your age at retirement
Your highest average salary for 36 consecutive months