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Appointed 5th Member of the Cambridge Retirement System

City of Cambridge, MA
Cambridge, MA Full Time
POSTED ON 10/26/2026
AVAILABLE BEFORE 2/16/2027
Posting Date:
10/16/26
Department:
Cambridge Retirement System
Job Code:
N/A
Salary Plan/Grade:
Number of Hours Per Week:
N/A
Additional Work Hours Information:
Union Affiliation:
# of openings:
1
Type of Employment:
Regular
Civil Service Type:

DO NOT APPLY THROUGH CAREER CENTER. ONLY EMAILED APPLICATIONS TO cburns@cambridgeretirementma.gov WILL BE REVIEWED.


ABOUT THE ROLE:

The Cambridge Retirement System is looking for applicants interested in serving as the 5th member of the Retirement System. The 5th member works with the other four members to ensure that the Retirement System is run in accordance with MGL Chapter 32 as well as local board procedures and policies.

The Board meets monthly, usually the first Monday of each month at 11:00 AM. Meetings may be conducted either in-person or by videoconference. Members should be prepared to attend meetings in-person when necessary to ensure that a quorum of the Board is physically present. Additionally, the Board has at least four quarterly Investment Meetings. In-person meetings are held at 125 Cambridge Park Drive, Suite 104, Cambridge, MA.

Applicants for the 5th member seat may not be an employee, retiree, or official of the City of Cambridge. Cambridge resident preferred.


QUALIFICATIONS:

  • Familiarity with MGL Chapter 32
  • An understanding of the Disability Retirement process
  • Background in health, law, finance and/or worker’s compensation
  • Availability/Flexibility to attend meetings and trainings
  • Willingness to meet with membership


REQUIREMENTS:

  • Complete 18 hours of training to continue serving during their three year term. A minimum of three hours of training must be completed annually but no more than 9 hours may be credited in any one year.
  • File an Annual Statement of Financial Interest with the Public Employee Retirement Administration Commission.


REQUIRED DOCUMENTS:

If interested, please submit a resume and cover letter by email to Chris Burns, Executive Director, at cburns@cambridgeretirementma.gov. The application deadline is Friday, November 20, 2026. Applications sent through the career center will not be reviewed.

COMPENSATION PHILOSOPHY

The City of Cambridge is committed to providing fair, transparent, and competitive compensation to all employees. The salary range listed in this job posting reflects the full range for this position's pay grade (Steps 1–10). New employees joining the organization are hired within the hiring range, Steps 1 through 5, with placement at the midpoint reserved for the most qualified candidates. Starting placement is based on directly related education and experience relative to the minimum qualifications of the position, required licenses or certifications, internal equity with current employees, and relevant labor market factors. Employees progress through the 10 steps over time through the City's established step and pay progression policies.

This compensation philosophy applies to non‑union positions. For union positions, please refer to the applicable collective bargaining agreement.

Current City employees applying to another position should refer to the Compensation & Classification Manual for the policies governing promotions, lateral transfers, and other internal salary changes.


ABOUT THE CITY OF CAMBRIDGE

The City of Cambridge is a diverse and vibrant community that 120,000 residents of different ethnic, racial, religious, U.S. nationals and other backgrounds call home. We take pride in our City’s diversity and strive to create a workplace that is reflective of the community we serve - one in which all employees can thrive. The City is also deeply committed to creating an environment in which all our employees are treated equitably and feel included. In joining our team, you would work in a workplace environment that advances and values antiracism, diversity, equity, and inclusion (ADEI), and that is committed to embedding ADEI best practices and tenets in all aspects of our work. City of Cambridge residents are especially encouraged to apply to job openings.

EQUAL OPPORTUNITY / AFFIRMATIVE ACTION

The City of Cambridge is an Affirmative Action/Equal Opportunity Employer and does not discriminate based on race, color, sex, religion, age, national origin, disability, or any other protected category. Women, minorities, veterans, members of the LGBTQ Community, and persons with disabilities are encouraged to apply. The City is committed to advancing a workforce culture of antiracism, diversity, equity, and inclusion. Auxiliary aids and services, written materials in alternative formats, and reasonable modifications in policies and procedures will be provided to qualified individuals with disabilities free of charge, upon request by contacting Human Resources at humanresources@cambridgema.gov.

Salary.com Estimation for Appointed 5th Member of the Cambridge Retirement System in Cambridge, MA
$45,460 to $54,631
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