William Culbert - MTRS

At the end of 2018, Joseph Connarton retired as Executive Director of the Public Employee Retirement Administration Commission (PERAC). Throughout his 19-year tenure as Executive Director, Joe led PERAC with integrity and steadfast commitment to fair and impartial oversight of the Commonwealth’s public retirement systems. In January, after a public search process, John Parsons, PERAC …

If an accident or illness leaves you unable to make decisions, a trusted designee may transact your affairs

A power of attorney (POA) is a written document in which you (the “principal”) authorize a trusted individual whom you select (your “attorney-in-fact” or “agent”) to act on your behalf. There are several types of POA:

Limited POA: …
Read more What is a power of attorney (POA) and why should I have one?

New scam targets senior citizens

As reported by the media and government in recent months, criminals are targeting senior citizens with a new Social Security scam. The Federal Trade Commission (FTC) reports that, in a new scam, criminals are spoofing the Social Security Administration’s (SSA) phone number so that the victim’s caller ID displays that agency’s …

For any employee who will receive a lump sum payment for the summer, use the pay duration code of "LS" in your payroll software. Also, be sure to do this before you export your June deduction report from your payroll system. As a best practice, we recommend that you enter these LS codes in …
Read more Ensure that your year-end deduction reporting goes smoothly with these five tips

Author: William Culbert

We congratulate two long-serving PERAC colleagues on their retirement

What is a power of attorney (POA) and why should I have one?

If an accident or illness leaves you unable to make decisions, a trusted designee may transact your affairs

Beware of Social Security scams

New scam targets senior citizens

Ensure that your year-end deduction reporting goes smoothly with these five tips