Since Massport operates as a business, we offer a comprehensive benefits package in order to compete with private industry to attract and retain the best talent.
Massport benefits include:
Excellent medical and dental insurance coverage beginning the first day of the month following 60 days of employment
Vision Care Plan - employee-funded; coverage depends on job status and union affiliation
Flexible spending accounts for health care and dependent care
Medical insurance opt-out program
Life insurance – coverage varies
Long-term disability insurance – employees pay between 25 – 100% of premium depending on job status and union affiliation.
Charitable contributions matching program
Retirement pension plan operated by the Massport Employees’ Retirement System
Deferred Compensation 457(b) SMART Plan
Paid time off including holidays, personal days, sick and vacation time
Tuition reimbursement
Transportation assistance program
Flexible work arrangements
Employee Assistance Program (EAP)
Health and wellness incentive program
Benefits may vary depending on job position and union affiliation. Please consult your recruiter for specific details pertaining to a position on our job opportunities page.
Applicants with Prior M.G.L. ch. 32 Creditable Service
Pension
Pursuant to M.G.L. ch. 32, prior years of M.G.L. ch. 32 creditable service will transfer to the Massachusetts Port Authority for future pension calculation purposes.
Massport Employees’ Retirement System (MPAERS)
Massport’s defined benefit pension plan is governed by the provisions of M.G.L., Chapter 32. Under Chapter 32 there are dollar limits (consistent with the federal Internal Revenue Code) on both the compensation used to calculate a pension benefit and the pension itself. Employees who become members of the MPAERS on or after January 1, 2011 will be subject to a compensation limit equal to 64% of the U.S.C. 401(1)(17) limit. For 2020 this limit is $182,400. These amounts generally increase each year.
Employees who have prior Chapter 32 service when hired at Massport, however, could be subject to different compensation and benefit limits depending upon membership date. Please consult with Massport retirement system staff at (617)568-3951 if you have any questions.
Other Post Employee Retirement Benefits
Prior years of creditable service will also be counted, along with your years of creditable service at Massport, in determining a retiree health care benefit subsidy. The benefit will be based on the following scale, as voted by the Massport Board (effective October 1, 2009) for In-Service Retirements for Employees upon reaching age 60 and thereafter:
10 YOS 0% subsidy
10-14 YOS 45% subsidy
15-19 YOS 55% subsidy
20-24 YOS 65% subsidy
25-29 YOS 75% subsidy
30+ YOS 85% subsidy
Employees hired after October 1, 2009, are not eligible for Basic Dental insurance or reimbursement for Medicare Part B as a component of their retiree health care benefit. Massport offers retirees hired on or after October 1, 2009, a $5,000 basic life insurance policy through the GIC, the premiums for which are paid for by the retiree.
Employees who terminate from the Authority and subsequently file a retirement application reflecting a proposed retirement date which is later than 60 days from their date of separation will be eligible, starting at age 60, for a premium subsidy equal to one-half of the In-Service retirement subsidy.
Thank you for considering career opportunities at Massport.