William Culbert, Author at MTRS

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 …

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 …

Updated April 22, 2025 The Social Security Fairness Act of 2023 (H.R. 82) was signed into law on January 5, 2025. This law fully repeals the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO), which had historically reduced or eliminated Social Security benefits for teachers and other public employees in Massachusetts. On February 25, …

The MTRS will mail 1099-R tax forms to benefit recipients by January 31, 2025. We conduct a benefit verification process every other year to determine continued eligibility. While 2025 is a benefit verification year, we want to inform you of an important change to the process: benefit recipients who are PERMANENT RESIDENTS of Massachusetts are now …
Read more Permanent MA residents exempt from Benefit Verification Process

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

Retiree Insurance—Spring brings rate changes and employer training!

Add or edit plan rates—submit changes by June 12 for July

WEP/GPO repeal – Stay informed with the SSA

Permanent MA residents exempt from Benefit Verification Process