Job Description

The Massachusetts Port Authority Employees' Retirement System (MPAERS) was established on July 18, 1978, effective January 1, 1979 by enactment of Chapter 487 of the Massachusetts General Laws, to provide Massport employees and their beneficiaries with secure retirement, survivor, and disability benefits. MPAERS is one of 104 state and municipal systems in Massachusetts bound by Chapter 32 of the Massachusetts General Laws, which establishes benefits, contribution requirements, and an accounting and funds structure for all systems.

MPAERS is administered by a five-member board consisting of one ex-officio member, two elected members, one member appointed by Massport, and one member appointed by the four other board members. The board, while operating independently, is regulated by the Public Employee Retirement Administration Commission.

ABOUT YOU

As the Director of Retirement, you are a trusted and strategic leader who combines sound judgment, financial and regulatory acumen, and exceptional integrity to safeguard the long-term interests of members and beneficiaries. You build confidence through transparent communication, collaborative leadership, and a commitment to service, while navigating complex challenges, fostering high-performing teams, and driving continuous improvement in a dynamic and highly regulated environment.

What you will do:

• Provide visionary leadership for a complex public retirement system, balancing fiduciary responsibility, regulatory compliance, financial stewardship, and organizational effectiveness to protect and enhance the long-term interests of members and beneficiaries.
• Cultivate strong relationships with Board members, regulators, advisors, consultants, Authority leadership, and external partners, serving as a trusted advisor who can navigate complex issues, drive consensus, and effectively represent the organization in a highly visible and regulated environment.
• Champion a culture of service, transparency, and accountability by fostering meaningful member engagement, promoting clear and accessible communication, and ensuring stakeholders receive the guidance, support, and education needed to make informed retirement and financial decisions.
• Lead with integrity, strategic foresight, and a commitment to continuous improvement by developing high-performing teams, strengthening governance and operational practices, managing risk, and identifying opportunities to enhance efficiency, innovation, and long-term organizational sustainability.

What you offer:

• Bachelor's degree required. Master's degree and/or Certified Employee Benefits Specialist certification preferred.
• Ten (10) years of experience in benefit plan administration or related matters required; five (5) or more years in a senior management position required. Direct experience in decision making and interaction with board governance / members and various stakeholders required. Direct experience in managing a large single employer public defined benefit plan preferred.
• Substantial working knowledge of single employer defined benefit plans, particularly state and federal statutory law(s), rules, and regulations regarding major aspects of the operations, compliance requirements, and administration of public sector retirement and pensions plans (akin to M.G.L., Chapter 32 Retirement Systems and Pensions)
• Working knowledge of Public Employee Retirement Administration Commission (PERAC) regulations and policies pertaining to investments, member retirements (voluntary, involuntary, disability, etc...), membership oversight and communications and Board elections.
• Working knowledge of open meeting, public records, records retention and protected information state laws and regulations as well as the institutional investment industry.

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WHAT WE OFFER

Collaboration with colleagues at all levels of leadership from all different disciplines, from Aviation to Maritime and beyond. Every day is different at Massport and the breadth of our impact on the Massachusetts region through our facilities provides many opportunities for our employees to grow, learn, and explore the many areas of our business. Our business is all about connecting. We support and take pride in the employees that make those connections possible each and every day.

• Work/life balance
• A supportive and inclusive culture
• Opportunities for growth
• Providing safe, healthy, and secure work environment
• Supporting the people and businesses of New England
• Achieving results and having positive impact
• Being good neighbors in the communities we serve
• Protecting the environment

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