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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 …

After a 38-year career with the Massachusetts Teachers’ Retirement System (MTRS), Executive Director Erika Glaster will retire at the end of 2024. On October 25, the Board appointed Jonathan Osimo, a longtime MTRS employee and current Deputy Executive Director and Chief Benefits Officer, as her successor, effective on January 1, 2025. Erika began her career at …

July payment will include COLA of 3% on the first $13,000 of your benefit

As you may know, the Governor and Legislature have approved a cost-of-living adjustment (COLA) as part of the Commonwealth's FY2025 budget. Effective July 1, 2024, this COLA allows an increase of three percent on the first $13,000 of your retirement benefit, for …

MTRS thanks outgoing Chair, Dr. Ventura Rodriguez, and welcomes new Chair, Iraida J. Álvarez, Esq.

The MTRS would like to wish a fond farewell and extend our sincere thanks to Dr. Ventura Rodriguez for admirably serving as our Board Chair during unprecedented times. Dr. …

Category: Archived

COLA approved in state budget for FY2026

July payment will include COLA of 3% on the first $13,000 of your benefit

MTRS Executive Director Erika Glaster to Retire; Board Appoints Deputy Executive Director Jonathan Osimo as Successor

COLA approved in state budget for FY2025

July payment will include COLA of 3% on the first $13,000 of your benefit

Acting DESE Commissioner appoints new Board Chair

MTRS thanks outgoing Chair, Dr. Ventura Rodriguez, and welcomes new Chair, Iraida J. Álvarez, Esq.