Mandatory OBRA Information

What is OBRA?

OBRA or the Omnibus Budget Reconciliation Act of 1990 is a Massachusetts state mandated employee-funded 457 deferred compensation plan for part-time, seasonal, and/or short-term public employees. In other words, any municipal employees who are not eligible for county pensions, must contribute to this alternative plan.

 

I've left employment with the Town of Millis, now what?

Please visit https://mass-smart.empower-retirement.com/participant/#/login?accu=Massa...

and contact Andrew Wilson at Empower Financial Services - andrew.wilson@empower.com