Your MTRS Membership Date | Date the MTRS receives the transfer of your account from the other Massachusetts public retirement system | RetirementPlus Election |
---|---|---|
Between 7/1/2001 and 6/30/2022 | Between 7/1/2001 and 6/30/2022 |
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On or after 7/1/2001 with service starting in the other MA public retirement system prior to 7/1/2022 | On or after 7/1/2022 |
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On or after 7/1/2022, with service starting in the other MA public retirement system on or after 7/1/2022 | On or after 7/1/2022 |
|
Years of Service | Formula | RetirementPlus % increase | 60 | 61 | 62 | 63 | 64 | 65 | 66 | 67 |
---|---|---|---|---|---|---|---|---|---|---|
Years of Service | Formula | RetirementPlus % increase | 60 | 61 | 62 | 63 | 64 | 65 | 66 | 67 |
10 | Regular | - | 14.50 | 16.00 | 17.50 | 19.00 | 20.50 | 22.00 | 23.50 | 25.00 |
11 | Regular | - | 15.95 | 17.60 | 19.25 | 20.90 | 22.55 | 24.20 | 25.85 | 27.50 |
12 | Regular | - | 17.40 | 19.20 | 21.00 | 22.80 | 24.60 | 26.40 | 28.20 | 30.00 |
13 | Regular | - | 18.85 | 20.80 | 22.75 | 24.70 | 26.65 | 28.60 | 30.55 | 32.50 |
14 | Regular | - | 20.30 | 22.40 | 24.50 | 26.60 | 28.70 | 30.80 | 32.90 | 35.00 |
15 | Regular | - | 21.75 | 24.00 | 26.25 | 28.50 | 30.75 | 33.00 | 35.25 | 37.50 |
16 | Regular | - | 23.20 | 25.60 | 28.00 | 30.40 | 32.80 | 35.20 | 37.60 | 40.00 |
17 | Regular | - | 24.65 | 27.20 | 29.75 | 32.30 | 34.85 | 37.40 | 39.95 | 42.50 |
18 | Regular | - | 26.10 | 28.80 | 31.50 | 34.20 | 36.90 | 39.60 | 42.30 | 45.00 |
19 | Regular | - | 27.55 | 30.40 | 33.25 | 36.10 | 38.95 | 41.80 | 44.65 | 47.50 |
20 | Regular | - | 29.00 | 32.00 | 35.00 | 38.00 | 41.00 | 44.00 | 47.00 | 50.00 |
21 | Regular | - | 30.45 | 33.60 | 36.75 | 39.90 | 43.05 | 46.20 | 49.35 | 52.50 |
22 | Regular | - | 31.90 | 35.20 | 38.50 | 41.80 | 45.10 | 48.40 | 51.70 | 55.00 |
23 | Regular | - | 33.35 | 36.80 | 40.25 | 43.70 | 47.15 | 50.60 | 54.05 | 57.50 |
24 | Regular | - | 34.80 | 38.40 | 42.00 | 45.60 | 49.20 | 52.80 | 56.40 | 60.00 |
25 | Regular | - | 36.25 | 40.00 | 43.75 | 47.50 | 51.25 | 55.00 | 58.75 | 62.50 |
26 | Regular | - | 37.70 | 41.60 | 45.50 | 49.40 | 53.30 | 57.20 | 61.10 | 65.00 |
27 | Regular | - | 39.15 | 43.20 | 47.25 | 51.30 | 55.35 | 59.40 | 63.45 | 67.50 |
28 | Regular | - | 40.60 | 44.80 | 49.00 | 53.20 | 57.40 | 61.60 | 65.80 | 70.00 |
29 | Regular | - | 42.05 | 46.40 | 50.75 | 55.10 | 59.45 | 63.80 | 68.15 | 72.50 |
30 | Regular | - | 48.75 | 52.50 | 56.25 | 60.00 | 63.75 | 67.50 | 71.25 | 75.00 |
R+ | 14% | 62.75 | 66.50 | 70.25 | 74.00 | 77.75 | 80.00 | 80.00 | 80.00 | |
31 | Regular | - | 50.37 | 54.25 | 58.12 | 62.00 | 65.87 | 69.75 | 73.62 | 77.50 |
R+ | 16% | 66.37 | 70.25 | 74.12 | 78.00 | 80.00 | 80.00 | 80.00 | 80.00 | |
32 | Regular | - | 52.00 | 56.00 | 60.00 | 64.00 | 68.00 | 72.00 | 76.00 | 80.00 |
R+ | 18% | 70.00 | 74.00 | 78.00 | 80.00 | 80.00 | 80.00 | 80.00 | 80.00 | |
33 | Regular | - | 53.62 | 57.75 | 61.87 | 66.00 | 70.12 | 74.25 | 78.37 | 80.00 |
R+ | 20% | 73.62 | 77.75 | 80.00 | 80.00 | 80.00 | 80.00 | 80.00 | 80.00 | |
34 | Regular | - | 55.25 | 59.50 | 63.75 | 68.00 | 72.25 | 76.50 | 80.00 | 80.00 |
R+ | 22% | 77.25 | 80.00 | 80.00 | 80.00 | 80.00 | 80.00 | 80.00 | 80.00 | |
35 | Regular | - | 56.87 | 61.25 | 65.62 | 70.00 | 74.37 | 78.75 | 80.00 | 80.00 |
R+ | 24 | 80.00 | 80.00 | 80.00 | 80.00 | 80.00 | 80.00 | 80.00 | 80.00 |