 |
 |
 |
 |
 |
 |
 |
|
 |
 |
 |
 |
Employer Bulletin archive
The MTRS Employer Bulletin is distributed quarterly to all payroll administrators and superintendents via regular mail as well as e-mail. If you are not on our e-mail list to receive regular updates from us, please let us know your e-mail address and we’ll send the next issue right to your desktop!
| Issue | |
| No. 15, July 2007 (4 pages, pdf) | We’ve scheduled our summer employer training seminars—please come; BERT, our new employer reporting tool is available online; unsettled or just-settled contracts? Reminders on what you need to do next; and terminally ill employees: Considerations regarding retirement issues |
| No. 14, October 2006 (4 pages, pdf) | We’ve scheduled our fall seminars—please encourage your employees to attend; your GASB 45 data: where to get it, as well as what the MTRS can, and cannot, provide; retirement season stats: 2006 was a record-setting year, and the volume for 2007 is expected to be even greater; occupational and physical therapists: are they eligible for enrollment in the MTRS? Reminders: Please forward your collective bargaining agreements if you haven’t already done so; thank you for making our summer training series a success—and watch for our upcoming training sessions for new payroll officers and business managers; please encourage your employees to register to receive MTRS M@il |
| No. 13, July 2006 (4 pages, pdf) | Our online enrollment process is now live; please forward your collective bargaining agreements if you haven’t already done so; watch for an announcement about our popular “Ready for Retirement” seminars, to be held in the fall this year; and, updates on this year’s retirement statistics and the results of the recent “Option Change” legislation. |
| No. 12, April 2006 (4 pages, pdf) | Extreme makeover—the MTRS edition! In May, we're changing our official name and moving our main office to Cambridge; ELBO update: The regulation on regular compensation has been amended, please watch your e-mail for further details; new DOE grants: Do payments to educators count as regular compensation? Know the rules; Reminders: RetirementPlus APAs are most likely not required for members retiring on or after June 30, 2006 |
| No. 11, January 2006 (4 pages, pdf) | Upcoming seminars for members—whether they’re retiring in 2006 or in 15 years; ELBO update: What employers need to know for the 2006 retirement season; Q&A on the “30-plus” 2 percent deduction; reminders and updates |
| No. 10, October 2005 (4 pages, pdf) | The new voc-ed work experience service purchase legislation; our upcoming seminars for active members; IRS benefit limitations and highly compensated administrators; our now-being-developed enrollment tool; and, determining creditable service for teachers who become administrators |
| No. 9, July 2005 (8 pages, pdf) | Hiring retired educators; deadline for submitting documentation for pre-July 1 service purchase applications; register for employer training seminars; disability retirement issues for employers; Q&A on employees having a “dual address,” what to report; legislative report |
| No. 8, April 2005 (4 pages, pdf) | Annual statements mailing in May; employees convicted of crimes forfeit right to retirement allowance/refund; eRetirement system implementation delayed; new online retirement application process; employer training seminar series; Q&A on excess deductions returned to school district instead of member; school nurses and RetirementPlus |
| No. 7, December 2004 (4 pages, pdf) | Record number of retirements processed in 2003-2004; requests for service purchase documentation expected to increase; reopening of RetirementPlus election window; revising the retirement application; provide new hires as of 1/1/05 with Social Security’s Form 1945; “Basic training” courses for new payroll administrators |
| No. 6, June 2004 (4 pages, pdf) | Payroll reporting in eRetirement; summer employer seminars registration available online; check your payroll name tables; limitations on rehiring a retiree; how to handle health insurance deductions for those retiring at the end of the year |
| No. 5, February 2004 (4 pages, pdf) | Important RetirementPlus Issues; eRetirement update; regular compensation update; MTRS announces upcoming seminars for members; how to avoid simple deduction and contribution errors; RetirementPlus retirement application has a new section |
| No. 4, October 2003 (2 pages, pdf) | eRetirement update; 2003 member enrollment campaign update; MTRS employer training programs a success; R+ accelerated payment plans limited to one year |
| No. 3, July 2003 (2 pages, pdf) | R+ Accelerated Payment Plan Applications to be limited to one year in length; begin to plan the assignment of your district’s eRetirement roles |
| No. 2, April 2003 (4 pages, pdf) | eRetirement update; direct your laid-off members to us for guidance; R+ Accelerated Payment Application dos and don’ts for school districts |
| No. 1, January 2003 (2 pages, pdf) | Payroll administrators provide feedback on MTRS’s eRetirement project at focus group meeting; court decision clarifies definition of regular compensation with regard to teacher’s additional duties |