Employer News - MTRS

Dear School District Superintendents, Charter School and Education Collaborative Directors, Business Managers, Town Treasurers, Personnel Administrators and Payroll Officers:

As a reminder, the federal Internal Revenue Code 401(a)(17) limits the amount of annual pensionable earnings (“regular compensation”) that can be used in computing benefits for active members of public retirement systems.

With Chapter 131 …

Dear School District Superintendents, Charter School and Education Collaborative Directors, Business Managers, Town Treasurers, Personnel Administrators and Payroll Officers,

As you know, due to the extraordinary influx of §3 service purchase applications as a result of the interest rate increase this past April, the MTRS allowed a six-month extension--to October 2, 2013--for individuals …

Dear School District Superintendents, Charter School and Education Collaborative Directors, Business Managers, Town Treasurers, Personnel Administrators and Payroll Officers,

As scheduled, the member self-service module in MyTRS is now available for your newly hired members to use to enroll in the MTRS.

Please note that the process is the same as before—employers must still register …

Dear School District Superintendents, Charter School and Education Collaborative Directors, Business Managers, Town Treasurers, Personnel Administrators and Payroll Officers,

As explained in our broadcast e-mail of March 13, to help ease the administrative burden on you, and to assist members in qualifying for the lower, “buyback” interest rate by the April 2 deadline, our Board …

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