The MTRS is hearing that due to the anticipated economic impact of the COVID-19 pandemic, school district employers may be considering local cost saving measures and wondering how they would impact their employees' retirement benefits. If your district is considering such measures, we encourage you to review the following information before finalizing contractual agreements affecting …

The MTRS has been working with representatives from the State Comptroller’s office, the Public Employees’ Retirement Administration Commission (PERAC), and KPMG to issue the GASB Statement No. 68 schedules for the fiscal year ended June 30, 2019 to be used by our employer units in their FY2020 financial statements. GASB Statement No. 68 requires the Commonwealth …

During the coronavirus pandemic, as trillions of dollars in stimulus funds flow to individuals and businesses, be aware that scammers are increasing the frequency and aggressiveness of their activity, targeting everyone, including retirees. Here are some tips to assist you in identifying and avoiding fraudulent activity.

Be suspicious of all unsolicited phone calls or emails.

As the MTRS continues to provide essential services remotely, we appreciate your assistance in providing benefits to your employees and retirees during this difficult time.

New State and Federal laws impact post retirement restrictions and paid sick leave

Author: William Culbert

MTRS Guidance on potential furloughs and other fiscal emergency measures

Current GASB Report for MTRS employers now available

Retirees: Avoid coronavirus scams

Be suspicious of all unsolicited phone calls or emails.

New State and Federal laws impact post retirement restrictions and paid sick leave

New State and Federal laws impact post retirement restrictions and paid sick leave

Legislation temporarily changes earnings and hours restrictions for many retired public employees during the Massachusetts State of Emergency.