Employees who are non-benefitted (seasonal, less than 20 hours per week, etc.) contribute 7.5% of their regular compensation paid by the City of Easthampton to the mandatory pre-tax OBRA retirement plan, administrated by Empower Retirement. Contributions are invested in a fixed return account unless they voluntarily work with Empower Retirement to elect different investments. OBRA funds can be withdrawn from, or rolled out of, the plan after employment with the Commonwealth of Massachusetts ends so long as re-employment is not anticipated.
Non-benefited employees can also contribute more to an OBRA retirement account by working directly with Empower Retirement to establish a voluntary OBRA retirement account.