Employer News - MTRS - Page 26

As the MTRS continues to provide essential services remotely, we appreciate your assistance providing benefits to your employees and retirees during this difficult time.

Three processing reminders for the spring season

Group insurance rate changes for July 1, 2020: Beat the rush!

Deadline reminder: For your July 1st group rate changes to be processed in time …

Read more Three processing reminders for the spring season

Dear School District Superintendents, Charter School and Education Collaborative Directors, Business Managers, Payroll Officers, Personnel Administrators and Town Treasurers, As we all continue to monitor the evolving impact of the novel coronavirus (COVID-19), the MTRS is implementing modifications to our operations for the safety of our members and staff, and to ensure the continuity of critical …

Read more Coronavirus (COVID-19) update

Deadline for finalizing 2019 reports is March 27, 2020

The deadline for finalizing the 2019 calendar year deduction reports is Friday, March 27, 2020. We will notify Superintendents of "severely delinquent" employers with 4 or more months of deduction reports that have not reached "Pending" status. We will continue to communicate with all employers on a regular …

Read more Active MTRS member reporting

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 after 12/31/1995 or 1/1/2011, do not take MTRS …

Read more Note the 2020 pensionable earnings limits for employees with membership dates after 12/31/1995

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