Treasurer: Bridgewater Pension Funding Pushed to 2032
Other Committee · Meeting of August 18, 2026
Bridgewater's pension liability grows to $38.9 million as full funding slips to 2032. Plymouth County Treasurer Thomas O'Brien and Commissioner Sandra Wright told the Finance Committee that revised mortality tables and payroll growth across the Plymouth County Retirement Association's 52 member units pushed the system's funding deadline back a year, raising Bridgewater's average annual assessment increase to roughly 9.75 percent. The town's fiscal 2027 pension bill is $7,113,743; O'Brien said that drops to about $1.7 million once the system is fully funded, saving roughly $5 million a year.
"You're really just kicking the can down the road," O'Brien said of communities that keep extending their deadlines. Bridgewater's retiree health trust has returned 16.99 percent annualized over three years, and its health insurance premiums rose 10 percent this year, about half the national average increase.
In the full story:
- Who Was There
- Organizations And Documents Referenced
- The complete report — 2,447 words
Source: the Other Committee meeting of August 18, 2026, reported from the official video recording and transcript.
Keep reading with a 30-day free trial
Subscribe to Bridgewater News to keep reading this post and get 30 days of free access to the full post archives.
Starting a trial requires a payment method. After 30 free days your subscription begins at the price shown at checkout and renews automatically until you cancel. You can cancel anytime from your account. Subscription terms
A subscription gets you:
- Subscriber-only posts and full archive
- Post comments and join the community
- 24x7 access to local news