Programs - MTRS - Page 11

Look ahead and be aware of these pre-retirement issues

Three notes to recent and soon-to-be retirees

  1. While you are an active educator, your health insurance premiums may have been withheld on a pre-tax basis. Please note, however, that the IRS requires that retirees’ insurance premiums be withheld on an after-tax basis.'
  2. Regardless of the group insurance …

    Read more Pre-retirement Issues

Topics covered: Choice 1: Leave your funds on account (runtime: 3:00) Choice 2: If eligible, receive a retirement benefit (runtime: 0:24) Choice 3: Take a refund (runtime: 5:45)

If you leave teaching before retiring from the MTRS, you will need to decide what …

Read more Leaving MTRS service prior to retirement

Regular compensation

What you earn as “regular compensation” is important both for us and for you:
  • For you, because it is the amount of your earnings upon which you pay retirement contributions.
  • For both you and us, because only those payments that meet the definition of “regular compensation” may be used in the …

    Read more Other Issues

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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