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Early Retirement Bill - Important Information
02/16/2021:
You may have heard recent reports of a potential early retirement incentive program for Massachusetts teachers.

On Friday, February 12th, State Senator John C. Velis and State Representative Carol A. Doherty filed identical bills, currently identified as SD. 1111 and HD.1802 (these bills may be assigned new numbers in the coming weeks), on behalf of the Massachusetts Teachers Association (MTA) titled: An Act to provide a retirement enhancement opportunity for certain members of the Massachusetts Teachers Retirement System. However, please be advised that these are just proposed bills and will not necessarily result in a passed law. The journey from bill to law is a lengthy and deliberative process where bills can fail to progress out of the early stages or can be modified substantially during the process.

The Massachusetts Teachers’ Retirement System (MTRS) is currently reviewing the proposed legislation, will closely monitor its progress, and will post updates here as they become available.

Coronavirus Information
■ Please see our Frequently Asked Questions.
■ MTRS offices are closed to the public until further notice, essential services continue.
■ Retirees and Survivors, no delay to your monthly benefit.
■ Continue to mail Retirement Applications and any paperwork to the appropriate office.
■ For urgent matters, email GenInfo@trb.state.ma.us or call the Charlestown (617-679-6877) or Springfield (413-784-1711) office.
  • Benefit recipients: Watch your mailbox
    Your 1099-R and Benefit Verification forms were mailed by January 29
  • Retirees: Avoid coronavirus scams
    Any unsolicited or unexpected emails or phone calls should be treated as suspicious
    News
  • Beware of sales solicitations that say "MTRS"
    We are not affiliated with, nor do we endorse, any commercial companies
    News
  • Leaving service prior to retirement
    If you leave service prior to retirement...
    Know your choices regarding your MTRS account
    Withdrawing your funds
  • Unclaimed funds
    Are you due unclaimed funds?
    If you are a survivor, beneficiary, executor or executrix of a deceased MTRS member or benefit recipient, the MTRS may have unclaimed funds on account for you
    Unclaimed funds
  • Returning to Work
    Returning to work for a Massachusetts employer?
    Know the rules before you do
    Working after retirement
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New member or changing districts? Complete your enrollment in MyTRS
Retirement percentage charts
See the percentage for your age and years of service
Estimate your benefits
Near retirement or just planning ahead? See what your benefit could be with our online calculator!
Purchase service
Do you have prior uncredited service? Review eligible types and how to purchase
Apply for retirement
Review the process and download your retirement application
Counseling and seminars
Learn about our educational programs

 

Forms
Need to update your personal information? Find the form you need here!
Pension check calendar
See when you’ll get your monthly benefit payment
1099-R Information
Learn about this important tax document
Benefit verification
Be sure to respond when you receive your form
Survivor benefits
Are you the Survivor of an MTRS member? Learn about your benefits
Working after retirement
Review important restrictions on public employment after retirement

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Upcoming events

2021 Pension payment dates
Check mailing and direct deposit dates
Next Board meeting
March 26, 2021, Charlestown office
Group counseling sessions
at both offices are postponed until further notice
Benefit recipients: Reminder about your Benefit Verification Form
Return by March 26

News

1099-R and Benefit Verification forms mailing soon
January 19, 2021
2021 Benefit Verification forms will NOT require a notary signature. Instead, an adult 18 years or older can sign as a witness. By January 29, all annual 1099-R tax statements and biennial Benefit Verification forms will be mailed to the over 70,000 MTRS members who received a benefit payment in ...
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Beware of sales solicitations that say “MTRS”
August 29, 2018
We are not affiliated with, nor do we endorse, any commercial companies Occasionally, financial planning companies will use “MTRS” in their advertising or presentation materials, or otherwise imply that they can provide you with your personal MTRS retirement information.   However, if you re...
Readmore
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  • $25.6B MTRS assets are under the management of PRIM statistic
  • Investment performance bar chart statistic
  • 85% of total annual benefits are paid to MA residents statistic
  • 11% New member contribution rate statistic
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MAIN OFFICE

500 Rutherford Avenue, Suite 210

Charlestown, MA 02129

Phone: 617-679-6877

Fax: 617-679-1661


SPRINGFIELD OFFICE

One Monarch Place, Suite 510

Springfield, MA 01144

Phone: 413-784-1711

Fax: 413-784-1707

Call us 617-679-6877
Send us an email geninfo@trb.state.ma.us
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