Retiree News

July payment will include COLA of 3% on the first $13,000 of your benefit

As you may know, the Governor and Legislature have approved a cost-of-living adjustment (COLA) as part of the Commonwealth's FY2025 budget. Effective July 1, 2024, this COLA allows an increase of three percent on the first $13,000 of your retirement benefit, for …

Many of our retired members often ask whether the so-called social security double dipping laws will ever be repealed or amended. At this time, we regret to report that the outlook is not favorable. The WEP and GPO are federal laws that reduce social security benefits for retirees of public retirement systems in states like Massachusetts …

As of December 31, 2022, the suspension of the post-retirement hours and earnings limits has expired. As such, for calendar year 2023 forward, the standard hours and earnings limitations are back in effect for retired members of the MTRS who are employed in any Massachusetts public position. For detailed information about these limitations, please visit our …

Governor signs bill suspending post-retirement employment hours and earnings limits for calendar year 2022, or 90 days after the end of the public health emergency, whichever occurs first.

The Governor signed H.4456, which suspends the limits on post-retirement work in the Massachusetts public sector through the end of calendar year 2022 or 90 days after …

Category: Retiree News

COLA approved in state budget for FY2025

July payment will include COLA of 3% on the first $13,000 of your benefit

Windfall Elimination Provision (WEP) & Government Pension Offset (GPO) Update–March 2023

Working after retirement limits are reinstated

Post-retirement employment hours and earnings limits suspended for 2022

Governor signs bill suspending post-retirement employment hours and earnings limits for calendar year 2022, or 90 days after the end of the public health emergency, whichever occurs first.

MTRS Executive Director Erika Glaster to Retire; Board Appoints Deputy Executive Director Jonathan Osimo as Successor

Careers at the MTRS

Phishing alert – beware of email solicitations that reference the MTRS and offer “Retirement Reviews”

COLA approved in state budget for FY2025

Acting DESE Commissioner appoints new Board Chair

The passing of two public pension legends

Windfall Elimination Provision (WEP) & Government Pension Offset (GPO) Update–March 2023

Working after retirement limits are reinstated

Post-retirement employment hours and earnings limits suspended for 2022

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