Fraud Alert

We were notified by our regulatory agency, the Public Employee Retirement Administration Commission (PERAC) that there have been several phishing attempts against active members of various retirement systems in Massachusetts. This  scheme involves a person/entity reaching out directly to active members of retirement systems, pretending to be a retirement advisor, and seeking to set up a meeting with the member to discuss their pension, 401K-type retirement plans, life insurance, and/or social security benefits. Some of these solicitations may also refer to PERAC, the municipality, or the retirement board to give them the appearance of legitimacy.

Please know that the Cambridge Retirement System does not provide members' data to any outside organization that provide such services.   If you do receive an email solicitation, we would appreciate it if you would send it to Ellen Philbin at ephilbin@cambridgeretirementma.gov as we are forwarding such fraudulent solicitations to PERAC.

Should you have any questions please feel free to contact the office directly at 617.868.3401.