Employer News - MTRS - Page 24

MTRS offices in Charlestown and Springfield will close on Wednesday, November 27 at 3:00 p.m.

Two critical reminders when adding your 2021 calendar(s) in MyTRS:

  1. Do not delete or overwrite any of your previous years' calendars. Please follow the exact steps in the Guided Practice to preserve previous payroll calendars, which our staff use to generate service credit reports for members.
  2. Add your 2021 payroll calendar(s) BEFORE you import your …

    Read more Active member deduction reporting: Add your 2021 payroll calendar(s) in MyTRS

As you know, there are federal and state limits on the amount of pensionable earnings ("regular compensation") that can be used in computing benefits for active members of public retirement systems with effective membership dates after 12/31/1995.

What this means for employers

For any members with effective membership dates listed below, DO NOT take MTRS deductions on any …

Read more Note the 2021 pensionable earnings limits for employees with membership dates after 12/31/1995

Legislation extends waiver of earnings and hours restrictions for most retired public employees through 2021.

In April, Chapter 53 of the Acts of 2020 waived earnings and hours restrictions for many retired public employees working in the public sector for calendar year 2020, during the Governor’s State of Emergency, which …

Read more Waiver of post-retirement employment restrictions extended

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