News Archives

Updated 12/17/2020 FY21 budget signed by the Governor; retroactive COLA included in December benefit payments On Friday December 11, the Governor signed the final FY2021 budget, which includes a 3% COLA on the first $13,000 of your MTRS benefit, retroactive to July 1, 2020. The retroactive COLA will be included in the December 2020 benefit…

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…

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

Cost-of-living adjustment approved!

Watch your mailbox for your 2019 annual account statement

Retirement application deadline approaching soon!

2019 Annual account statement delayed