Read more MTRS Guidance on potential furloughs and other fiscal emergency measures
Category: Employer News
The MTRS is hearing that due to the anticipated economic impact of the COVID-19 pandemic, school district employers may be considering local cost saving measures and wondering how they would impact their employees' retirement benefits. If your district is considering such measures, we encourage you to review the following information before finalizing contractual agreements affecting …
Current GASB Report for MTRS employers now available
The MTRS has been working with representatives from the State Comptroller’s office, the Public Employees’ Retirement Administration Commission (PERAC), and KPMG to issue the GASB Statement No. 68 schedules for the fiscal year ended June 30, 2019 to be used by our employer units in their FY2020 financial statements.
GASB Statement No. 68 requires the Commonwealth …
Read more Current GASB Report for MTRS employers now available
New State and Federal laws impact post retirement restrictions and paid sick leave
As the MTRS continues to provide essential services remotely, we appreciate your assistance in providing benefits to your employees and retirees during this difficult time.
New State and Federal laws impact post retirement restrictions and paid sick leave
Legislation temporarily changes earnings and hours restrictions for many retired public employees during the Massachusetts State of Emergency.
Three processing reminders for the spring season
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 …