Leslie Lovett - MTRS

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 after 12/31/1995 or 1/1/2011, do not take MTRS …

Nominations for the Teachers' representative to the Pension Reserves Investment Management (PRIM) Board will be open from November 15, 2019 to January 24, 2020. The PRIM Board is responsible for investing and managing the Pension Reserves Investment Trust (PRIT) Fund, which is used to assist the Commonwealth and participating local plans in funding their …

As we mentioned in our e-mail of July 31, 2019, we are now conducting an election for the two members of the Board who are elected by the active and retired members of our system. This election is held once every four years.

If any of your employees who are MTRS members believe …

UPDATED AS OF 10/24/2019

For MTRS Tier 1 members (established membership BEFORE April 2, 2012)

As we recently announced, we will be presenting our popular "Ready for Retirement" seminar at 9 locations across the Commonwealth. Please remind your soon-to-be-retiring employees that we're offering this program—and that this is a prime opportunity for them to get answers to their …

Author: Leslie Lovett

Note the 2020 pensionable earnings limits for employees with membership dates after 12/31/1995

What this means for employers

Notice of PRIM Board election and nomination period

MTRS Board election now underway

Retirement seminars starting soon—Two western MA locations just added!

For MTRS Tier 1 members (established membership BEFORE April 2, 2012)