# Springfield Retirement System

Springfield Retirement System is a Pension Fund based in Springfield, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Springfield, United States
- **Region:** North America
- **Address:** 70 Tapley Street, Springfield, MA 01104, United States
- **Assets under management:** 590 (Altss estimate)
- **Website:** springfieldretirement.com
- **LinkedIn:** https://www.springfieldretirement.com

## Regulatory record

- **Reports private funds:** No

## About

The Springfield Retirement System serves full-time and part-time employees of the City of Springfield, the Springfield Housing Authority and the Springfield Water and Sewer Commission. It was established as a mandatory contributory plan under Massachusetts law. Assets are deployed almost entirely through the PRIT fund. Allocations include global equities at 39.4 percent, core fixed income at 14.8 percent, value-added fixed income at 7.7 percent, real estate at 9 percent and timberland at 2.9 percent. The system also holds limited direct positions in venture vehicles such as Ascend Ventures I and Boston Millennia Partners II. The board comprises elected and ex-officio members including Robert P. Moynihan, Thomas Scanlon, Patrick Burns, Karl Schmaelzle and Haskell Kennedy. Susana Baltazar serves as Executive Director. The system maintains membership in the Massachusetts Association of Contributory Retirement Systems. Governance centers on oversight of the PRIM relationship rather than direct deal sourcing or manager selection.

## People

- Robert P. Moynihan — Chairman of the Board
- Susana Baltazar — Executive Director
- Thomas Scanlon — Vice-Chairman

## Questions

### Who runs investment decisions at Springfield Retirement System?

The board chaired by Robert P. Moynihan sets policy. Day-to-day administration is handled by Executive Director Susana Baltazar. Nearly all assets are managed by the Massachusetts PRIM Board through the PRIT fund.

### How does Springfield Retirement System source proprietary deal flow?

The system does not source direct deals. It participates in private equity, real estate and timberland through allocations inside the PRIT fund managed by the PRIM Board.

### Does Springfield Retirement System participate in fund commitments or only direct deals?

Commitments occur exclusively through the PRIT fund. The system records limited partner positions in vehicles such as Boston Millennia Partners II inside that pooled structure.

## Related profiles

- [Immanuel Communities](https://altss.com/profile/immanuel-communities)
- [The-K Savings Bank](https://altss.com/profile/the-k-savings-bank)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/springfield-retirement-system

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