Retiree News - MTRS

2023 Benefit Verification forms will NOT require a notary signature. Instead, an adult 18 years or older can sign as a witness.

By January 30, all annual 1099-R tax statements and biennial Benefit Verification forms will be mailed to the over 70,000 MTRS members who received a benefit payment in calendar year 2022. The MTRS is …

Read more 1099-R and Benefit Verifications forms mailing soon

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 …

Read more Working after retirement limits are reinstated

Understanding the COLA on your August benefit statement

The Governor signed the FY2023 budget into law on July 28th. The budget includes a cost-of-living adjustment (COLA) effective July 1, 2022, which provides an increase of 5% on the first $13,000 of your retirement benefit, for a maximum increase of $650 per year or $54.17 per month …

Read more Cost-of-living adjustment (COLA) included in your August payment

MAIN OFFICE

500 Rutherford Avenue, Suite 210

Charlestown, MA 02129

Phone: 617-679-6877

Fax: 617-679-1661


SPRINGFIELD OFFICE

One Monarch Place, Suite 510

Springfield, MA 01144

Phone: 413-784-1711

Fax: 413-784-1707

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