Plymouth Retirement System is a public pension fund based in Plymouth, Massachusetts. The retirement board has the sole authority and responsibility for investing the funds and administering the benefits of the retirement system. The system has its own assets and liabilities and prudently invests the funds of the system so as to eliminate its unfunded liability pursuant to a state-approved funding schedule. It is the board's mission to oversee and effectively invest the funds of the system and to provide benefits to the members and beneficiaries of the system.