FAQs: Frequently Asked Questions

No. You are not allowed to borrow against or take a loan from your Barnstable County Retirement Association account. The only time you are eligible to access your funds is if you end your employment and wish to take a refund or roll your funds over into another qualified plan. Please keep in mind that if you take a refund or roll your funds to another qualified plan, you are giving up any future retirement benefits from the Barnstable County Retirement Association.

No. Your retirement is solely determined by your age, how many years of creditable service you have and your salary average. If you are interested in contributing more money towards retirement, check with your local HR Department and see if they have a deferred compensation plan that you can contribute to in addition to your Barnstable County Retirement Association plan.