• June 23, 2022

  MTRS office phones will be unavailable Friday, June 24

  MTRS office phone lines will be unavailable all-day Friday, June 24, in both the Charlestown and Springfield offices while we transition to a new telecommunications service. Phone lines will be operational Monday morning, June 27. Please email your assigned Employer Services Representative if you ne...

• June 13, 2022

  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. The Governor signed H.4456, which suspends the time and earnings limits on post-retirement employment through t...

• June 10, 2022

  MyTRS—Retiree Insurance update

  This update covers the following topics: Plan prices displaying the wrong value after rate updates Retiree Insurance training guides and videos Plan price updates Rate holidays Adding new plans to employers Employer report issues Individual plan changes As announced in late April, we have restored e...

• May 2, 2022

  Note the 2022 pensionable earnings limits for employees with membership dates after 12/31/1995

  As you know, there are federal and state limits on the amount of pensionable earnings (“regular compensation”) that can be used in computing benefits for active members of public retirement systems with effective membership dates after 12/31/1995. What this means for employers For any me...

• April 27, 2022

  MyTRS—Retiree Insurance update

  The Retiree Insurance functions in MyTRS are now available to employers. Starting today, you can add or make changes to individual retiree insurance selections and premium rates for the insurance plans you offer. Plan Price Updates We have restored employer access to the Edit Rates and Add Rates but...

• April 26, 2022

  MyTRS—Active employee reporting update

  Employee Roster The Edit button on the Employee Roster > Member Employment screen has been restored. You can now resume making changes to employee events. Registration for membership The issues that previously prevented the registration of new-to-MTRS employees and employees who are beneficiaries...

• March 14, 2022

  MyTRS—Registration currently not working for employees without an existing MyTRS profile

  Attempts to register employees who are new to the MTRS will not process The MTRS discovered an error that prevents employers from registering new employees in MyTRS who have no previous MyTRS profile. Additionally, this will prevent employers from importing files that contain unregistered members. A...

• March 4, 2022

  MyTRS—Employee Roster “Edit” button temporarily disabled

  Editing the roster to add a “Member Event” may cause an unexpected change The MTRS has discovered that adding a “Member Event” on the Employee Roster screen could result in an erroneous change to an employee’s rate and R+ status. Thus, we have temporarily disabled the “Edit” ...

• February 10, 2022

  MyTRS—New view and a time-saving tip

  Avoid significant delays; don’t Apply or Save while in Single Record View A new MyTRS navigation feature, Single Record View, allows you to view each record’s data in one vertical window without needing to scroll horizontally to see all available fields. Read more about the new Single Re...

• February 4, 2022

  MyTRS will be offline 5pm Friday until 6am Saturday

  MyTRS will be offline from 5pm Friday, February 4 through 6am Saturday, February 5 for server maintenance, we apologize for the short notice. Questions? Please feel free to contact Robert George....

• January 31, 2022

  MyTRS Retiree Insurance—Update on individual and plan rate changes

  Individual and plan rate changes remain disabled through the February warrant As we reported in December 2021, the MTRS has disabled both the “Add/Change Coverage” button on the Retiree Insurance Selections screen and the ability for employers to update plan rates in MyTRS. The MTRS cont...

• December 15, 2021

  MyTRS—Retiree Insurance Plan rate changes are temporarily disabled

  Adding or changing individual coverage is unavailable; an application fix is forthcoming The MTRS has temporarily hidden the Add Rates and Edit Rates buttons on the Insurance Rates screen in MyTRS. A processing error was identified, and we are working on a fix. Thus, you cannot add rates or edit pla...

• December 7, 2021

  MyTRS—Retiree Insurance “Add/Change Coverage” button temporarily disabled

  Adding or changing individual coverage is unavailable; an application fix is forthcoming The MTRS has temporarily disabled the “Add/Change Coverage” button on the Retiree Insurance Selections screen in MyTRS to prevent a program error that can duplicate health care records and charges to...

• November 29, 2021

  MyTRS is live

  New guides available and two issues under review MyTRS is updated, live, and available on the Employers section of our website. We are pleased to report that employers are logging in and successfully using the updated system; however, there are two technical issues that we are working to resolve: EF...

• November 17, 2021

  The MyTRS Upgrade is coming!

  Employers can access the updated MyTRS on November 29 As a reminder, MyTRS for Employers is not available; the updated MyTRS debuts Monday, November 29 at 6 am and can be accessed from the Employers section of our website. Updated training manuals will be available online and mailed to Employers in ...

• November 4, 2021

  MyTRS Upgrade—Two-factor authentication (TFA)

  Two-factor authentication (TFA) adds an extra layer of security to protect sensitive member data The MTRS is pleased to announce that the updated MyTRS, available to Employers on November 29th, features enhanced data security with two-factor authentication (TFA) login. The addition of TFA adds a lay...

• October 28, 2021

  MyTRS Upgrade—New training manuals for Employers to be mailed

  Make sure we have a current address In preparation for the MyTRS upgrade, the MTRS is pleased to announce two new training manuals for Employers: Active Member Deduction Reporting and Retiree Insurance Reporting. We will mail the new manuals directly to your district and post them to our website upo...

• October 21, 2021

  MyTRS Update—Support for all browsers and system downtime

  The MyTRS update, due at the end of November, supports all modern web browsers, including Chrome and Edge. Due to the update, MyTRS will be unavailable to Employers for two weeks, starting on Sunday, November 14 at 9 pm through the Thanksgiving holiday weekend, and will be operational on Monday, Nov...

• October 18, 2021

  Retiree insurance announcements and reminders

  1) Send all group insurance rate changes for January by 11/5/2021 for on-time processing We are asking all employers to send their retiree insurance changes by November 5th so we can enter them earlier and be more available to provide training and support during the upcoming MyTRS release. If you do...

• October 14, 2021

  Post-retirement employment hours limit increased to 1,200

  Legislative action increases the limit on hours for retired public employees from 960 to 1,200 annually As part of the FY2022 state budget process, the post-retirement hours limit was increased from 960 to 1,200 hours per calendar year, retroactive to July 1, 2021. The earnings restrictions on post-...

• October 7, 2021

  MyTRS—Updated version coming at the end of November

  An updated version of MyTRS is coming at the end of November 2021 and features compatibility with all modern web browsers, including Chrome and Edge, and enhanced login security with two-factor authentication. The MTRS is committed to ensuring a smooth transition by providing updated resources and s...

• October 1, 2021

  MyTRS will be offline this weekend

  MyTRS will be offline from 5pm Friday, October 1 through 6am Monday, October 4 for server maintenance. Please plan accordingly....

• September 28, 2021

  Fall monthly deduction report reminders

  With the 2021-2022 school year underway, we would like to offer you some reminders and a notice about a change in procedure to help you have a successful reporting year. 1. Discontinuing the use of HR Contract Term Starting with the 2021/2022 school year, you should no longer use the contract term o...

• August 27, 2021

  MTRS members’ 2020 account statements have mailed

  All 2020 annual statements have mailed as of August 26 to the home addresses of our more than 111,000 active and inactive members. For your reference, and in support of your continuing and valued efforts to have unenrolled members complete the MTRS online enrollment process, we are also taking this ...

• August 10, 2021

  Active employee registration: Three steps to setting up your new hires in MyTRS

  Step 1: Ensure that your employees are eligible for MTRS membership BEFORE you register your new hires in MyTRS, make sure that they are eligible for MTRS membership by reviewing our eligibility criteria. Key reminders Employees must meet all four regulatory eligibility requirements with the excepti...

• June 29, 2021

  Annual tips for efficient year-end deduction reporting

  1. Employee receiving a lump sum payment? Set the pay duration to “LS” in your payroll software. Change the pay duration field to “LS” in your payroll software prior to exporting your May deduction report to ensure that employees are setup correctly for the June report. 2. Fo...

• June 3, 2021

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

  Phishing alert–beware of email solicitations that reference the MTRS and offer “Retirement Reviews” Unsolicited emails may be “phishing” attempts. The MTRS is not affiliated with, nor do we endorse any commercial companies. We’ve recently been alerted of unsolicited emails to MTRS ...

• April 28, 2021

  Three retiree insurance reminders for the spring season

  1) Group insurance rate changes for July 1, 2021: Beat the rush! If you have already submitted your group insurance rate changes for July, thank you. If not, immediately complete our Group Rate Premium Change form ASAP and email it to insuranceupdates@trb.state.ma.us. Deadline reminder: For your Jul...

• April 27, 2021

  Current GASB Report for MTRS employers now available

  The MTRS has been working with representatives from the State Comptroller’s Office, the Public Employee Retirement Administration Commission (PERAC), and KPMG to issue the GASB Statement No. 68 schedules for the fiscal year ended June 30, 2020 to be used by our employer units in their FY2021 financi...

• March 29, 2021

  Three critical reminders for active employee monthly deduction payments

  If you are not the contact who mails check payments to the MTRS, please forward this message to the appropriate contact. 1. The payment address for checks changed September 2019. Checks continue to be mailed to our former address and are being returned to sender by the USPS. Please be sure that you ...

• February 8, 2021

  Active MTRS member deduction reporting

  Deadline for finalizing 2020 reports is April 16, 2021 The deadline for finalizing the 2020 MTRS deduction reports is Friday, April 16, 2021. This year’s deadline is later than previous years to account for delays due to the ongoing pandemic. However, by statute, each monthly deduction report ...

• January 25, 2021

  Active member deduction reporting: Add your 2021 payroll calendar(s) in MyTRS

  Two critical reminders when adding your 2021 calendar(s) in MyTRS: Do not delete or overwrite any of your previous years’ calendars. Please follow the exact steps in the Guided Practice to preserve previous payroll calendars, which our staff use to generate service credit reports for members. ...

• January 12, 2021

  Note the 2021 pensionable earnings limits for employees with membership dates after 12/31/1995

  As you know, there are federal and state limits on the amount of pensionable earnings (“regular compensation”) that can be used in computing benefits for active members of public retirement systems with effective membership dates after 12/31/1995. What this means for employers For any me...

• December 21, 2020

  Waiver of post-retirement employment restrictions extended

  Legislation extends waiver of earnings and hours restrictions for most retired public employees through 2021. In April, Chapter 53 of the Acts of 2020 waived earnings and hours restrictions for many retired public employees working in the public sector for calendar year 2020, during the Governor’s S...

• December 14, 2020

  MyTRS will be offline 6pm Monday until 6am Tuesday

  MyTRS will be offline from 6pm Monday, December 14 through 6am Tuesday, December 15 for server maintenance. Please plan accordingly. Questions? Please feel free to contact Robert George  ...

• December 4, 2020

  Three retiree insurance reminders for the winter season

  1) Group insurance rate changes for January: Please send your new senior rates to us ASAP so everyone’s changes can be processed on time If you have already submitted your group insurance rate changes for January, thank you. If not, immediately complete our Group Rate Premium Change form and e...

• November 19, 2020

  MyTRS will be offline this weekend from 6pm Friday to 6am Monday

  MyTRS will be offline from 6pm Friday, November 20 to 6am Monday, November 23 for server maintenance. Please plan accordingly. Questions? Please feel free to contact Robert George.  ...

• October 20, 2020

  Employer questions on the FFCRA as it relates to retirement deductions and credit

  With the 2020-2021 school year starting, the MTRS has been receiving questions from employers about benefits paid under the Families First Coronavirus Response Act (“FFCRA”). We have listed the most common questions and answers below to help provide guidance for employers. Q: If we are p...

• October 1, 2020

  MTRS members’ 2019 account statements were mailed September 30

  2019 annual statements were mailed on September 30 to the home addresses of our more than 109,000 active and inactive members. For your reference, and in support of your continuing and valued efforts to have unenrolled members complete the MTRS online enrollment process, we are also taking this oppo...

• September 23, 2020

  MyTRS will be offline this weekend from 6pm Friday to 6am Monday

  MyTRS will be offline from 6pm Friday, September 25 to 6am Monday, September 28 for server maintenance. Please plan accordingly. Questions? Please feel free to contact Robert George.  ...

• September 15, 2020

  MyTRS will be offline today from 6pm to 9pm

  Updated 9/15/20 at 3:35pm MyTRS will be offline from 6pm to 9pm for server maintenance, we apologize for the short notice. Questions? Please feel free to contact Robert George  ...

• September 4, 2020

  MyTRS will be offline Friday evening to Monday morning

  From 9pm on Friday, September 4 through 6am on Monday, September 7, MyTRS will be offline for maintenance. During this time, MyTRS will not be available to newly enrolling members, and a message advising members that MyTRS is temporarily offline will appear on our “Welcome to MyTRS” and ...

• August 18, 2020

  Fall monthly deduction report reminders

  With the 2020-2021 school year starting shortly, we would like to offer some reminders to help you have a successful reporting year. 1. September deduction report audits An audit will be performed reviewing the salaries and position codes reported in your September report, you may be asked to confir...

• July 21, 2020

  Active employee registration: Three steps to setting up your new hires in MyTRS

  Step 1: Ensure that your employees are eligible for MTRS membership BEFORE you register your new hires in MyTRS, make sure that they are eligible for MTRS membership by reviewing our eligibility criteria. Key reminders Employees must meet all four regulatory eligibility requirements with the excepti...

• May 12, 2020

  Five tips for efficient year-end deduction reporting

  1. Employee receiving a lump sum payment? Set the pay duration to “LS” in your payroll software. Change the pay duration field to “LS” in your payroll software prior to exporting your May deduction report to ensure that employees are setup correctly for the June report. 2. Fo...

• May 7, 2020

  MTRS Guidance on potential furloughs and other fiscal emergency measures

  The MTRS is hearing that due to the anticipated economic impact of the COVID-19 pandemic, school district employers may be considering local cost saving measures and wondering how they would impact their employees’ retirement benefits. If your district is considering such measures, we encourag...

• April 30, 2020

  Current GASB Report for MTRS employers now available

  The MTRS has been working with representatives from the State Comptroller’s office, the Public Employees’ Retirement Administration Commission (PERAC), and KPMG to issue the GASB Statement No. 68 schedules for the fiscal year ended June 30, 2019 to be used by our employer units in their FY2020 finan...

• April 15, 2020

  New State and Federal laws impact post retirement restrictions and paid sick leave

  As the MTRS continues to provide essential services remotely, we appreciate your assistance in providing benefits to your employees and retirees during this difficult time. New State and Federal laws impact post retirement restrictions and paid sick leave Legislation temporarily changes earnings and...

• April 8, 2020

  Three processing reminders for the spring season

  As the MTRS continues to provide essential services remotely, we appreciate your assistance providing benefits to your employees and retirees during this difficult time. Three processing reminders for the spring season Group insurance rate changes for July 1, 2020: Beat the rush! Deadline reminder: ...

• March 12, 2020

  Coronavirus (COVID-19) update

  Dear School District Superintendents, Charter School and Education Collaborative Directors, Business Managers, Payroll Officers, Personnel Administrators and Town Treasurers, As we all continue to monitor the evolving impact of the novel coronavirus (COVID-19), the MTRS is implementing modifications...

• February 5, 2020

  Active MTRS member reporting

  Deadline for finalizing 2019 reports is March 27, 2020 The deadline for finalizing the 2019 calendar year deduction reports is Friday, March 27, 2020. We will notify Superintendents of “severely delinquent” employers with 4 or more months of deduction reports that have not reached “...

• January 17, 2020

  Note the 2020 pensionable earnings limits for employees with membership dates after 12/31/1995

  As you know, there are federal and state limits on the amount of pensionable earnings (“regular compensation”) that can be used in computing benefits for active members of public retirement systems with effective membership dates after 12/31/1995. What this means for employers For any me...

• December 9, 2019

  Active member deduction reporting: Add your 2020 payroll calendar(s) in MyTRS

  As the busy holiday and W-2 seasons approach, now is an ideal time to add your 2020 payroll calendar(s) in MyTRS. Two critical reminders when adding your 2020 calendar(s): Do not delete or overwrite any of your previous years’ calendars. Please follow the exact steps in the Guided Practice to ...

• November 12, 2019

  MTRS Board election now underway

  As we mentioned in our e-mail of July 31, 2019, we are now conducting an election for the two members of the Board who are elected by the active and retired members of our system. This election is held once every four years. If any of your employees who are MTRS members believe that they […]...

• November 6, 2019

  Active member reporting, new MyTRS feature: Ability to return reports to “Initial” status

  We are excited to announce a new feature in MyTRS that allows your district’s Employer Services Representative to return a deduction report in “Pending” status back to “Initial” status in order for you to be able to make required corrections or adjustments. If your repo...

• November 4, 2019

  Three retiree insurance reminders for the winter season

  1) Group insurance rate changes for January: Beat the rush! Please send your new senior rates to us ASAP so everyone’s changes can be processed on time If you have already submitted your group insurance rate changes for January, thank you. If not, at your earliest convenience, please complete ...

• October 22, 2019

  Monthly deduction report reminders for the fall

  With the 2019-2020 school year underway, we would like to offer some reminders to help you have a more successful reporting year. 1. September deduction report audits We will be reviewing the salaries and position codes reported in your September report, and may ask you to confirm or edit the provid...

• October 17, 2019

  Retirement seminars starting soon—Two western MA locations just added!

  UPDATED AS OF 10/24/2019 For MTRS Tier 1 members (established membership BEFORE April 2, 2012) As we recently announced, we will be presenting our popular “Ready for Retirement” seminar at 9 locations across the Commonwealth. Please remind your soon-to-be-retiring employees that we’...

• October 11, 2019

  Employer training programs on two topics to be presented in November

  Be sure to register at least five business days before your preferred session. Space is limited, so if you register and cannot attend, please notify us as soon as possible. If needed based on demand, we will schedule additional sessions and notify you of their availability. Feel free to share this e...

• September 9, 2019

  Mailing address for active member deduction payments has changed

  Effective immediately, the mailing address for all monthly deduction reporting payments by check has changed to: Massachusetts Teachers’ Retirement System PO Box 358020 Pittsburgh, PA 15251-5020 Our bank will be accepting payments at the old address for at least a few weeks so if you have rece...

• July 31, 2019

  MTRS Board election to be held this fall; please spread the word to your employees who are MTRS members

  As you may know, the Massachusetts Teachers’ Retirement Board is comprised of seven members, two of whom are elected by the members of the Massachusetts Teachers’ Retirement System for four-year terms. Since the terms of our incumbent elected members expire on December 31, 2019, the Boar...

• July 24, 2019

  MTRS deduction reporting: Follow these three steps to set up your new hires in MyTRS

  Step 1: Ensure that your employees are eligible for MTRS membership BEFORE you register your new hires in MyTRS, make sure that they are eligible for MTRS membership by reviewing our eligibility criteria. Key reminders Employees must meet all four regulatory eligibility requirements. (Exceptions: Th...

• June 26, 2019

  MTRS members’ 2018 account statements were mailed June 25

  On Tuesday, June 25, annual statements were mailed to the home addresses of our more than 109,000 active and inactive members. For your reference, and in support of your continuing and valued efforts to have unenrolled members complete the MTRS online enrollment process, we are also taking this oppo...

• June 21, 2019

  MyTRS will be offline Friday evening and Saturday

  MyTRS will be offline for maintenance tonight, 6–9pm, and tomorrow, 9am–6pm. During this time, MyTRS will not be available to members, and a message advising members that MyTRS is temporarily offline will appear on our Member sign in and Enroll in the MTRS pages. Questions? Contact your districtR...

• May 30, 2019

  MyTRS will be offline Friday evening to Monday morning

  From 6pm on Friday, May 31 through 6am on Monday, June 3, MyTRS will be offline for maintenance. During this time, MyTRS will not be available to newly enrolling members, and a message advising members that MyTRS is temporarily offline will appear on our “Enroll in the MTRS” page. Questi...

• May 23, 2019

  Ensure that your year-end deduction reporting goes smoothly with these five tips

  For any employee who will receive a lump sum payment for the summer, use the pay duration code of “LS” in your payroll software. Also, be sure to do this before you export your June deduction report from your payroll system. As a best practice, we recommend that you enter these LS codes ...

• May 6, 2019

  Please submit your retirees’ July group insurance rate changes by May 31st

  Deadline reminder: For your July 1st group rate changes to be processed in time to be reflected in our retirees’ June 30th checks (in payment of the July 1st premium), you must submit them no later than May 31st. If you have not yet submitted your group insurance rate changes for July premiums...

• May 1, 2019

  Employer training programs on two topics to be presented in June

  Be sure to register at least five business days before your preferred session. Space is limited, so if you register and cannot attend, please notify us as soon as possible. If needed based on demand, we will schedule additional sessions and notify you of their availability. Feel free to share this e...

• April 24, 2019

  Reminder: “Your MTRS Benefits” seminars coming soon—please spread the news!

  As we recently announced in our e-mail of April 11, in May we will be holding “Your MTRS Benefits” educational seminars throughout the Commonwealth. Please help us publicize our programs by reminding your employees who are MTRS members that they are being offered, and that this is a prim...

• April 11, 2019

  “Your MTRS Benefits” seminars coming soon—please spread the news!

  In May, we will be presenting “Your MTRS Benefits,” our two-hour retirement education program for all MTRS members who want to learn about the MTRS retirement plan and benefits. Please help us publicize our programs by letting your employees who are MTRS members know that they are being ...

• March 28, 2019

  Three processing reminders for the spring season

  Group insurance rate changes for July 1, 2019: Beat the rush! Deadline reminder: For your July 1st group rate changes to be processed in time to be reflected in our retirees’ June 30th checks (in payment of the July 1st premium), you must submit them no later than May 31st. If you have already...

• March 12, 2019

  Current GASB Report for MTRS employers now available

  Over the last few months, we have worked with representatives from the State Comptroller’s office, the Public Employees’ Retirement Administration Commission (PERAC), and KPMG to issue the GASB Statement No. 68 schedules for the fiscal year ended June 30, 2018 to be used by our employer ...

• January 23, 2019

  Active member deduction reporting reminder: ADD your 2019 payroll calendar(s) in MyTRS

  It’s the start of a new year and that means it’s time to add your 2019 payroll calendar(s) in MyTRS. If you haven’t done this already, be sure to add your calendar(s) BEFORE you import your January report. When adding your 2019 calendar(s)… Do not delete or overwrite any of your pr...

• January 18, 2019

  MyTRS member registration process enhanced: New fields, new form

  In July 2018, in an effort to improve our online registration and enrollment processes for employers and members alike, we asked school district representatives who register our members in MyTRS for feedback on the process. As a result of your comments, we have made the following changes, which will...

• January 15, 2019

  Note the 2019 pensionable earnings limits for employees with membership dates after 12/31/1995

  As you know, there are federal and state limits on the amount of pensionable earnings (“regular compensation”) that can be used in computing benefits for active members of public retirement systems with effective membership dates after 12/31/1995. What this means for employers For any me...

• November 5, 2018

  Three annual reminders regarding MTRS retiree insurance processing

  1) Group insurance rate changes for January: Beat the rush! Please send your new senior rates to us ASAP so everyone’s changes can be processed on time If you have already submitted your group insurance rate changes for January, thank you; if not, at your earliest convenience, please complete ...

• October 25, 2018

  Employer training programs on two topics to be presented in November and December—register now!

  Be sure to register at least 5 business days before your preferred session. Space is limited, so if you register and cannot attend, please notify us as soon as possible. If needed based on demand, we will schedule additional sessions and notify you of their availability. Feel free to share this e-ma...

• October 24, 2018

  Member seminars starting soon; Woburn program just added

  “Ready for Retirement” seminars starting soon—Woburn program just added For MTRS Tier 1 members (established membership BEFORE April 2, 2012) As we recently announced, we will soon be presenting our popular “Ready for Retirement” seminar at 9 locations across the Commonwealth...

• October 22, 2018

  Employer news, October 18, 2018

  “Ready for Retirement” seminars coming soon— please spread the word! For MTRS Tier 1 members (established membership BEFORE April 2, 2012) In November, we will be presenting our popular “Ready for Retirement” seminar at 9 locations across the Commonwealth. Please remind your ...

• October 10, 2018

  MTRS employer news: 2018 Deduction reporting deadline and reminders

  Payroll deduction reporting updates Deadline for 2018 reports: March 8, 2019 We have recently begun notifying the superintendents of districts that are severely delinquent in deduction reporting of their district’s status, and we will send additional notices to delinquent districts in the comi...

• October 5, 2018

  Employer news, October 5, 2018

  For employers and members: Beware of sales solicitations that say “MTRS” We are not affiliated with, nor do we endorse, any commercial companies Occasionally, financial planning companies will use “MTRS” in their advertising or presentation materials, or otherwise imply that ...

• July 5, 2018

  MTRS update: Note the 2018 pensionable earnings limits for employees with membership dates after 12/31/1995

  As you know, there are federal and state limits on the amount of pensionable earnings (“regular compensation”) that can be used in computing benefits for active members of public retirement systems with effective membership dates after 12/31/1995. What this means for employers For any me...

• May 1, 2018

  MTRS news: Update regarding “regular compensation” for members receiving workers’ compensation

  Dear School District Superintendents, Charter School and Education Collaborative Directors, Business Managers, Payroll Officers, Personnel Administrators and Town Treasurers, We are writing to advise employers that our regulatory agency, the Public Employee Retirement Administration Commission (PERA...

• April 10, 2018

  MTRS news: Three retiree insurance reminders for the spring season

  Dear School District Superintendents, Charter School and Education Collaborative Directors, Business Managers, Payroll Officers, Personnel Administrators and Town Treasurers, Please note these three reminders regarding retiree insurance processing: 1) Group insurance rate changes for July 1, 2018: B...

• April 9, 2018

  MTRS update: GASB Statement No. 68 Report now online

  Dear School District Superintendents, Charter School and Education Collaborative Directors, Business Managers, Payroll Officers, Personnel Administrators and Town Treasurers, Over the last few months, we have worked with representatives from the State Comptroller’s office, the Public Employees’ Reti...

• February 23, 2018

  MTRS notice: SJC decision regarding “regular compensation” for members receiving workers’ compensation

  Dear School District Superintendents, Charter School and Education Collaborative Directors, Business Managers, Payroll Officers, Personnel Administrators and Town Treasurers, We are writing to advise employers that the Supreme Judicial Court has affirmed a determination by the Contributory Retiremen...

• November 27, 2017

  MTRS update: Upcoming enrollment outreach initiatives

  Dear School District Superintendents, Charter School and Education Collaborative Directors, Business Managers, Payroll Officers, Personnel Administrators and Town Treasurers, As you know, your employees who are joining the MTRS for the first time, or who are already members and are changing district...

• November 7, 2017

  MTRS news: Three retiree insurance reminders for the fall season

  Dear School District Superintendents, Charter School and Education Collaborative Directors, Business Managers, Payroll Officers, Personnel Administrators and Town Treasurers, Please note our annual fall reminders regarding retiree insurance processing: Group insurance rate changes for January: Beat ...

• August 24, 2017

  MTRS update: 2 tips and 5 reminders for enrolling new hires

  Dear School District Superintendents, Charter School and Education Collaborative Directors, Business Managers, Payroll Officers, Personnel Administrators and Town Treasurers, With the new school year about to begin, MTRS enrollment season is in full swing. Below are some tips and reminders for succe...

• January 3, 2017

  MTRS update: Payroll deduction reporting news, tips and reminders

  Dear School District Superintendents, Charter School and Education Collaborative Directors, Business Managers, Payroll Officers, Personnel Administrators and Town Treasurers, Please note these two important updates regarding: the deadline for finalizing all calendar year 2016 deduction reports; and ...

• October 21, 2016

  MTRS news: Three retiree insurance reminders for the fall season

  Dear School District Superintendents, Charter School and Education Collaborative Directors, Business Managers, Payroll Officers, Personnel Administrators and Town Treasurers, Please note these three timely fall reminders regarding retiree insurance processing: 1) Group insurance rate changes for Jan...

• March 23, 2016

  MTRS news: Two timely updates regarding deduction reporting

  Dear School District Superintendents, Charter School and Education Collaborative Directors, Business Managers, Town Treasurers, Personnel Administrators and Payroll Officers, Please note these two timely updates: 1) The deadline for finalizing all calendar year 2015 deduction reports was Friday, Mar...

• January 14, 2016

  MTRS update: Payroll deduction reporting news, tips and reminders

  Dear School District Superintendents, Charter School and Education Collaborative Directors, Business Managers, Town Treasurers, Personnel Administrators and Payroll Officers, Please note these two important updates regarding: the deadline for finalizing all calendar year 2015 deduction reports; and ...

• November 25, 2015

  MTRS news: Three important updates regarding retiree insurance processing

  Dear School District Superintendents, Charter School and Education Collaborative Directors, Business Managers, Payroll Officers, Personnel Administrators and Town Treasurers, Please note these three timely updates regarding retiree insurance processing: 1) Global insurance rate changes for January: ...

• February 6, 2015

  MTRS update: Retiree Insurance functions now available in MyTRS

  Dear School District Superintendents, Charter School and Education Collaborative Directors, Business Managers, Town Treasurers, Personnel Administrators and Payroll Officers, In October, we added Retiree Insurance functions to the employer self-service area in MyTRS, and asked a small number of dist...

• December 8, 2014

  MTRS update: Payroll deduction reporting news, tips and reminders

  Dear School District Superintendents, Charter School and Education Collaborative Directors, Business Managers, Town Treasurers, Personnel Administrators and Payroll Officers, Please note these two important updates regarding: 1) the deadline for finalizing all calendar year 2014 deduction reports; a...

• October 24, 2014

  MTRS update: You will need to change your MyTRS password on or after October 25, 2014

  Dear School District Superintendents, Charter School and Education Collaborative Directors, Business Managers, Payroll Officers, Personnel Administrators and Town Treasurers, Please note that, pursuant to our MyTRS Password Security Policy, you will need to change your password when you sign on to M...

• July 21, 2014

  MTRS update: FINAL deadline for active members to submit Part 2 of §3 purchase applications is August 31, 2014

  Dear School District Superintendents, Charter School and Education Collaborative Directors, Business Managers, Town Treasurers, Personnel Administrators and Payroll Officers, As you know, because of the extraordinary influx of §3 service purchase applications we received as a result of last year’s i...

• July 15, 2014

  MTRS reminders: Membership eligibility and the serious consequences of improper enrollment

  Dear School District Superintendents, Charter School and Education Collaborative Directors, Business Managers, Payroll Officers, Personnel Administrators and Town Treasurers, As you begin another busy hiring and MTRS enrollment season, I want to take this opportunity to remind you of the importance ...

• March 18, 2014

  MTRS update: Payroll deduction reporting news and a reminder

  Dear School District Superintendents, Charter School and Education Collaborative Directors, Business Managers, Town Treasurers, Personnel Administrators and Payroll Officers, Please take note of these two timely updates: 1) 2013 deduction reports: The deadline for finalizing your calendar year 2013 ...

• March 6, 2014

  MTRS update: New process for reporting retiree insurance changes

  Dear School District Superintendents, Directors, Business Managers, Payroll Officials, Town Treasurers, Charter School and Education Collaborative Directors, Note: If your district is one of the 47 districts currently participating in the GIC’s Retired Municipal Teacher (RMT) program, this update do...

• February 7, 2014

  MTRS update: Payroll deduction reporting news, tips and reminders

  Dear School District Superintendents, Charter School and Education Collaborative Directors, Business Managers, Town Treasurers, Personnel Administrators and Payroll Officers, Please take note of these three timely updates: 1) 2013 deduction reports: The deadline for finalizing your calendar year 201...

• December 13, 2013

  MTRS update: Payroll deduction reporting news, tips and reminders

  Dear School District Superintendents, Charter School and Education Collaborative Directors, Business Managers, Town Treasurers, Personnel Administrators and Payroll Officers, Please note these important updates regarding: 1) the deadline for finalizing all calendar year 2013 deduction reports; 2) th...

• November 26, 2013

  MTRS reminder: Pensionable earnings limitations for members hired after 1/1/2011

  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 compen...

• September 25, 2013

  MTRS update: October 2 deadline for Part 2 of §3 service purchase applications

  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 th...

• September 10, 2013

  MTRS update: Member online enrollment tool now available

  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 M...

• August 22, 2013

  MTRS reminder: Member deadline to submit Part 2 of §3 purchase applications is October 2, 2013

  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 qua...

• March 13, 2013

  MTRS reminder: April 2 is the deadline for purchasing §3 service at lower interest rate

  Dear School District Superintendents, Directors, Business Managers, Payroll Officials, Town Treasurers, Charter School and Education Collaborative Directors, As a final reminder, and also clarification of our e-mail of February 15, the application filing deadlines for §3 creditable service purchases...

• February 15, 2013

  MTRS §3 service purchases at buyback interest: Member app portion due 4/2/2013; employer app portion due 10/2/2013

  Dear School District Superintendents, Directors, Business Managers, Payroll Officials, Town Treasurers, Charter School and Education Collaborative Directors, As you know, pursuant to pension reform legislation enacted in November 2011, the interest rate charged on certain service purchases will doub...

• April 19, 2012

  MTRS update: Deduction reporting progress; future steps and deadlines, if applicable

  Dear School District Superintendents, Directors, Business Managers, Payroll Officials, Town Treasurers, Charter School and Education Collaborative Directors, I am writing to bring you up to date on the progress that districts have made since my e-mail to you of February 16, and also to advise distri...

• February 16, 2012

  MTRS update: Deduction reporting

  Dear School District Superintendents, Directors, Business Managers, Payroll Officials, Town Treasurers, Charter School and Education Collaborative Directors, This communication is to report on the progress we are making with the new retirement contribution deduction reporting system and to ask for y...