All 2020 annual statements have mailed as of August 26 to our more than 111,000 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 Beneficiary Designation Form—Active and Inactive Members and then mail your completed form to us.
- No beneficiary on record with us as of July 24, 2021? You’ll receive a beneficiary designation form with your statement. Please complete and mail this important form to us as soon as possible.
- Enrollment history incomplete? Instead of a mailed statement, you may receive a letter advising you of your need to enroll online in order to access your 2020 statement. At your earliest convenience, follow the instructions in the letter and complete your enrollment history.
Remember—your retirement benefit is not based on the balance in your annuity savings account. The MTRS is a “defined benefit” plan, which means that your retirement benefit is calculated based on your age at the time of your retirement, your years of creditable service, and your highest three-year salary average (Tier 1 members) or five-year salary average (Tier 2 members).
Questions? See FAQs: About your statement of annuity savings account.