Public employees who work for town, county, city, municipal or state government or an independent authority are generally members of a Massachusetts G.L. c. 32 public retirement system. For the Town of Bridgewater employees, Plymouth County Retirement Association (PCRA) administers these benefits. This is a defined benefit savings plan, commonly known as a pension, which provides a monthly benefit for life. Eligible employees are automatically enrolled starting the first day of employment.  Learn more about the PCRA benefit by visiting their website. 

Save More through Voluntary Retirement Plans 

Employees can save additional money for retirement through voluntary deferred compensation also known as 457(b) plans.  Plans eligible under 457(b) allow employees to defer income taxation on retirement savings into future years.  

• Max Contribution for 457(b) deferred compensation plan is $23,500 in 2025. Employees aged 50 or older may contribute up to an additional $7,500 for a total of $31,000. 

• Max Contribution for both traditional and Roth IRA is $7,000 in 2025. Employees aged 50 or older may contribute up to an additional $1,000 for a total of $8,000.

 

Benefit eligible employees can invest in the following plans: