Employer News - MTRS - Page 12

The Massachusetts Teachers' Retirement System (MTRS) has been asked by the Pension Reserves Investment Management (PRIM) Board to assist them in the statewide election for a representative of the Massachusetts Teachers' Retirement System to the PRIM Board. As you may know, active and retired members of our system are eligible to become candidates …

Read more Notice of PRIM Board election; please forward to MTRS members

Upgrades to MyTRS

The MyTRS upgrades scheduled for installation on Friday, November 4th, starting at 6 pm, should improve deduction report processing speeds on Monday, November 7th. Please log off of MyTRS by 6 pm on Friday and do not log in to MyTRS until Monday, November 7th at 6 am.

What's changed?

Performance:
The new legislation, Chapter 134 of the Acts of 2022, allows eligible members who transferred into the MTRS from another Massachusetts contributory retirement system a final, one-time opportunity to make a definitive choice, either to:
  • participate in RetirementPlus, or,
  • opt-out of participating in RetirementPlus.

1) Important: Send all group insurance rate changes for January premiums by 12/02/2022 for on-time processing

The MTRS has temporarily hidden the Add Rates and Edit Rates buttons on the Insurance Rates screen in MyTRS. Over the last several months, we've noticed that some users were triggering a processing error, which required significant effort for MTRS staff to resolve for …

Read more Retiree Insurance–Plan rate changes are temporarily disabled and other updates

MAIN OFFICE

500 Rutherford Avenue, Suite 210

Charlestown, MA 02129

Phone: 617-679-6877

Fax: 617-679-1661


SPRINGFIELD OFFICE

One Monarch Place, Suite 510

Springfield, MA 01144

Phone: 413-784-1711

Fax: 413-784-1707

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