News Archives

2019 annual statements were mailed on September 30 to our more than 109,000 active and inactive members. When you receive your statement, please take a few moments to review the data for accuracy and completeness. Also, if you have not yet designated a beneficiary—or you need to update your beneficiary information—be sure to download a…

Applications must be postmarked by August 29 in order to have a June 30 retirement date Are you considering retirement instead of returning to service in the fall? If so, please note that you have 60 days from the date of your separation from service to apply for retirement and have that date also be…

Updated 10/28/2020 FY2021 COLA still not approved In mid-October, the Governor submitted a revised FY2021 budget proposal, which includes a 3% COLA on the first $13,000 of your MTRS benefit, retroactive to July 1, 2020. As a reminder, the MTRS cannot pay a COLA unless it is included in the final state budget approved by…

Will mail in September Dear Members, The MTRS is required to provide an annual statement to all of our active and inactive members by June 30th each year. Due to data collection and processing delays caused by the Coronavirus pandemic and subsequent closures of school districts and the MTRS, delivery of the 2019 annual statement…

Category: News

Watch your mailbox for your 2019 annual account statement

Retirement application deadline approaching soon!

Cost-of-living adjustment update

2019 Annual account statement delayed