Careers at the MTRS
Author: Leslie Lovett
Watch your mailbox for your 1099-R tax form to arrive soon
All 1099-R tax forms are now in transit to all individuals who received a benefit payment from the MTRS in 2025. Please allow some time for the USPS to deliver. Along with your tax form, you will receive an insert that includes information on how to read your 1099-R as well as the pension payment …
Read more Watch your mailbox for your 1099-R tax form to arrive soon
Note the calendar year 2026 pensionable earnings limits for employees with membership dates after 12/31/1995
As you know, there are federal and state limits on the amount of pensionable earnings ("regular compensation") that can be used in computing benefits for active members of public retirement systems with effective membership dates after 12/31/1995.
What this means for employers
For any members with effective membership dates listed below, DO NOT take MTRS deductions on any …
Watch for mail from us in December and January
Since you are receiving a monthly benefit from the MTRS, look for your:
- Year-end statement, which the State Treasury sends at the end of December. This statement provides a summary of your benefit payments during 2025 and is simply for your reference (should not be used for taxes). Questions? Please see Read more Watch for mail from us in December and January