HERO act deadline is approaching
Author: William Culbert
COLA approved in state budget for FY2026
July payment will include COLA of 3% on the first $13,000 of your benefit
The Governor and Legislature have approved a cost-of-living adjustment (COLA) as part of the Commonwealth’s FY2026 budget. Effective July 1, 2025, this COLA provides an increase of three percent on the first $13,000 of your retirement benefit, for a maximum increase of …
Notice of July Board Meeting
Please note that the Massachusetts Teachers' Retirement Board will hold its next meeting on Friday, July 25, at 9am in the Board Room of its Charlestown office, at 500 Rutherford Avenue, Suite 210, Charlestown, MA. Meetings are generally held on the last Friday of the month unless otherwise noted. For information on past …
Retiree Insurance—Spring brings rate changes and employer training!
Add or edit plan rates—submit changes by June 12 for July
For all plan rate changes to take effect July 1, 2025, please be sure to make changes prior to June 12, 2025.
In 2024, the MTRS reenabled the Add Rates and Edit Rates buttons on the Insurance Rates screen in MyTRS after access was suspended in 2022 during a system upgrade. Granting employers …
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