Since you are receiving a monthly benefit from the MTRS, look for your:
- Year-end statement, which the State Treasury sends at the end of December. This statement provides a summary of your benefit payments during 2024 and is simply for your reference (should not be used for taxes). Questions? Please see how to read your check or direct deposit statement.
- 1099-R tax form and your blue-and-yellow Benefit Verification Form (if you permanently reside OUTSIDE of Massachusetts), which will arrive in the same envelope.
- For your convenience, the pension payment schedule for 2025is also included in the mailing. If you do not receive your 1099-R by February 14, 2025, please call our main office at 617-679-6877 to request a duplicate. Please be sure to complete and return your original Benefit Verification form (if applicable), in the pre-addressed envelope that is provided, by March 24, 2025. Questions? See how to read your 1099-R form and Benefit Verification Process.
Benefit Verification process discontinued for permanent MASSACHUSETTS residents
A recent regulatory change ends the requirement that Massachusetts retirement systems conduct a biennial Benefit Verification (BV) process, provided the system utilizes a third-party death match service. The MTRS utilizes such a service and also receives comprehensive vital statistics from the Commonwealth of Massachusetts. Thus, going forward, the MTRS will only send BVFs to benefit recipients whose permanent address is out of state.
Please note: if your permanent address is in MA, but you have an active temporary address during the mailing period (late January), you will receive your 1099-R at your active temporary address but will not receive a BVF; nor will you be required to complete one.