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What earnings qualify as “regular compensation” is important for members, employers and the MTRS:

• "Regular compensation" is the amount of a member's earnings upon which he or she pays retirement contributions.
• Only those payments that meet the definition of “regular compensation” may be used in the determination of a member's final salary average, which is …

  Read more Regular compensation: Pensionable earnings

August 15, 2006 This information is intended to provide clarification of which payments made to your employees pursuant to current, as well as future, salary augmentation plans or salary enhancement programs (also known as "enhanced longevity buy-out" provisions, or "ELBOs") are pensionable, and which are not.

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Background

In April 2006, the Public Employee Retirement Administration Commission (PERAC) …

Read more Salary augmentation “ELBO” plans

Reporting contributions for MTRS members called to active military duty

Military Service Leave Reporting Form

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Background

When members of the teachers’ retirement system who are serving in the National Guard or active reserves are mobilized in a time of national emergency they continue to accrue retirement service credit for as long as they remain on …

Read more Military leave

How part-time “membership” service is credited

If you have rendered any “membership” service on a part-time basis, it will be credited as follows:

For part-time membership service rendered...	You will receive...
On or before 11/9/1990	Full-time credit
Between 11/9/1990 and 7/9/2010	If your employment status during this … Read more Part-time “membership” service Home Forms News Educational videos Unclaimed Funds Careers at the MTRS MTRS Site Policies Public Records Requests 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 Call us 617-679-6877 Send us an email Use our GenInfo contact form Back to top