Massachusetts Teachers' Retirement System member news
Introducing our new email newsletter—we hope you find it helpful and informative!
2017 Annual statements mailed on June 29
Be sure to watch your mailbox for this important financial document
Your statement will reflect your personal data (name, address, beneficiary designation) as well as financial information regarding any activity in your account, the amounts of after-tax contributions, pre-tax contributions, interest and the total balance as of the end of 2017.
MTRS assets in good hands with PRIM Board
Pension Reserves Investment Management (PRIM) Board recognized as one of the nation's top public sector institutional investors
From the Chairman
The financial health of our pension system depends on three sources of income: employee contributions, employer contributions (which are paid by the Commonwealth on behalf of local school districts), and investment income. MTRS has more than $28 billion in its investment accounts, which are managed by the state's Pension Reserves Investment Management (PRIM) Board. PRIM also manages the investments for the State Employees Retirement System and many local retirement boards.
Board welcomes Auditor's new designee, Michael Ruane
Appointed by Suzanne M. Bump, Mr. Ruane joined the Board in April
Michael P. Ruane serves as the Deputy General Counsel for the Office of the State Auditor, Suzanne M. Bump. Before joining the Auditor's office, Mr. Ruane maintained his own private law practice, focusing primarily on criminal and civil litigation.
In Memoriam: Joannah M. Quinn
Served as the Auditor's designee for the last six years, always showed compassion for our members
On May 8, 2018, we lost Joannah Quinn, a good friend and respected colleague, after a prolonged battle with illness. Joannah was 44.
Two long-serving MTRS directors retiring in June
After many years of helping our members navigate the retirement process, Rochelle Mosley and Michael Williams are looking forward to retiring themselves!
A snapshot of the MTRS
A profile of our membership and our current funding and investment stats
Board supports bill requiring PRIM's divestment from gun and ammunition companies
At the May 2 public hearing of the Joint Committee on Public Service, the Board submitted written testimony in support of the legislation to divest Massachusetts public pension assets from ammunition and firearms companies.
Don't fall victim to phone scams
If you receive an unsolicited call from an individual who is requesting that you immediately pay a sum of money, beware—it is most likely a scam.
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