The office of the Pension Reserves Investment Management (PRIM) Board is now conducting the election for our system’s representative on the PRIM Board, an unpaid position with a term of three years.
Please watch your mailbox for your ballot to arrive soon, and be sure to vote—either online or by mail—by the deadline of May 22, 2026.
Active and retired members of the MTRS are eligible to vote. If you do not receive a ballot by April 6 but believe you are eligible to vote, please email us at mtrs.mtrs@trb.state.ma.us (with the subject line “PRIM Election”) to request a ballot. We will then determine your eligibility and, if appropriate, have a ballot sent to you.
The PRIM Board is an unpaid board composed of seven appointed members and two elected members, and is responsible for investing and managing the assets of the Teachers’ Retirement System, the State Employees’ Retirement System and a number of local systems held in the Pension Reserves Investment Trust (PRIT) Fund. These representatives work to maximize returns while mitigating risk in order to help fund our members’ benefits and those of retirement systems across the Commonwealth. We encourage all eligible MTRS members to vote!
Questions? Please email us at mtrs.mtrs@trb.state.ma.us with the subject line “PRIM Election”.
Candidate statements:
Matthew Scheffler
MTA-Endorsed: I am running to safeguard our retirement, schools, and communities from private equity, which Elizabeth Warren has dubbed a “Wall Street time bomb.” Since 2000, public pensions went from billions in surplus to trillions in debt, with MTRS among the worst-funded. The collapse of teachers’ pensions to the lowest value in modern history gave rise to Wall Street’s ‘Billionaire Factory’, systemically draining our retirement savings to devastate hospitals, childcare, housing, prisons, and the environment.
Modeline Telfort
I have been a classroom teacher for nineteen years. I am currently a French/Spanish teacher and I am passionate about helping my students succeed. Previously, I worked for several NGOs compiling research documentation. Then, I managed various companies’ portfolios and administered diverse investment and retirement funds at some financial institutions. I am confident that my past experiences coupled with my enthusiasm will enable me to oversee the efficient investment of your precious retirement funds.