Programs Archive - Page 4 of 12 - MTRS

Am I allowed to provide personal information to the MTRS related to a disability retirement application?

Massachusetts General Laws chapter 32, section 20(5)(b) states: "The head of any department upon request from the Board shall promptly furnish it with such information as shall be required to effectuate the provisions of sections one to twenty-eight inclusive." This …
Read more Disability retirement processing guidelines

How to handle health insurance deductions for employees who are retiring at the end of the school year

Is your school district one of the districts that participate in the Group Insurance Commission's RMT program? If:

YES, then you should withhold premiums for any partial month and two full months following the employee’s retirement date, …
Read more Retiree insurance

GASB reporting: FY2025

The MTRS has been working with representatives from the State Comptroller's Office, the Public Employee Retirement Administration Commission (PERAC), and CliftonLarsonAllen, LLP to issue the GASB Statement No. 68 schedules for the fiscal year ended June 30, …

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The Board and its Duties

The Massachusetts Teachers’ Retirement Board administers the Massachusetts Teachers’ Retirement System (MTRS). The Board is composed of seven members chosen in accordance with the enabling statute of the MTRS:

the Massachusetts State Treasurer or his or her designee
the Auditor of the Commonwealth of Massachusetts or his or her designee

Read more The Board