Massachusetts Pension Reserves Investment Management Board

About Massachusetts Pension Reserves Investment Management Board

MassPRIM is the Pension Reserves Investment Management Board that manages the assets of the PRIT Fund to support public employee pension benefits in Massachusetts. The organization focuses on long-term investment returns and risk management for state and local retirement systems, including diversified allocations to equities, fixed income, real estate, and alternative assets. It operates as a state-backed public pension fund manager, coordinating with retirement boards and monitoring performance through quarterly updates and governance processes. Based in Massachusetts, PRIM oversees asset allocation strategies to meet pension obligations and reduce taxpayer burden.