Leslie Lovett - MTRS

The new legislation, Chapter 134 of the Acts of 2022, allows eligible members who transferred into the MTRS from another Massachusetts contributory retirement system a final, one-time opportunity to make a definitive choice, either to:

participate in RetirementPlus, or,
opt-out of participating in RetirementPlus.

This new election period runs …

1) Important: Send all group insurance rate changes for January premiums by 12/02/2022 for on-time processing

The MTRS has temporarily hidden the Add Rates and Edit Rates buttons on the Insurance Rates screen in MyTRS. Over the last several months, we've noticed that some users were triggering a processing error, which required significant effort for MTRS staff to resolve for …

The Governor has signed legislation that offers eligible members who transferred into the MTRS a second opportunity to elect to participate in the RetirementPlus (R+) program. The R+ program, signed into law in 2000, provided eligible members with increased retirement benefits. As stipulated in the R+ legislation in 2000, members who transferred into …

On August 3, Governor Baker signed new legislation, Chapter 134 of the Acts of 2022, that allows a second opportunity to elect to participate in the R+ program only to those members (approximately 2,000-3,000) who:

were not a part of the original election window in 2001, AND

Author: Leslie Lovett

Eligible members who transferred into the MTRS to receive a final, one-time chance for RetirementPlus (R+) participation

Retiree Insurance–Plan rate changes are temporarily disabled and other updates

1) Important: Send all group insurance rate changes for January premiums by 12/02/2022 for on-time processing

New law offers eligible Members who transferred into the MTRS a second chance for RetirementPlus (R+) participation

New law offers eligible members who transferred into the MTRS a second chance for RetirementPlus (R+) participation