2016 PENSION PAYCHECK SCHEDULE
October pension checks will be mailed on Thursday, October 27th and direct deposits will be made on Monday, October 31st, as scheduled. To download the complete 2016 Pension Paycheck Schedule Click here!
How to Change Your Address, Direct Deposit, W-4P Tax Information Video
In episode 3 of Understanding Your Benefits, we explain for retirees how to complete and file a Change of Address request, change of Direct Deposit Information, and a change of W-4P Federal Tax Withholding amount with the retirement board. To view the video, Click here.
RETIREE eNEWS BULLETIN
The August/September issue of the Retiree eNews Bulletin is now available! Read it here!
2016 BENEFIT VERIFICATION PROCESS Update
To date, more than 59,000 Benefit Verification Forms have been received, reviewed and approved by the MSRB. Thank you to all those members who have returned their BVF form! Third and FINAL BVF requests were recently mailed to all those who have not yet submitted a valid form to the MSRB. Enclosed with the third BVF is a letter that outlines common reasons for the forms to be determined invalid. Click here for more information.
DO YOU NEED HELP FINDING OUR BOSTON OFFICE?
If so, you'll want to watch the MSRB's newest video, How to find our Boston office! It will show, and explain to you, how to find our exact location within the heart of Downtown Crossing in Boston. Please take a look and let us know what you think! Email your feedback to MSRBCommunications. We look forward to hearing from you!
ATTENTION RETIREES: DO YOU HAVE A NEW ADDRESS?
Be sure to notify the State Retirement Board if your mailing address has recently changed. Click the following link to download the Change of Address Form .
PENSION ESTIMATE PERCENTAGE CHART
Click here for Retirement Percentage Chart
Members can calculate their own retirement benefit estimate using the above Retirement Percentage Chart. Information on how benefits are calculated can be found in our Retirement Benefit Guide beginning on page 14.
Section 60 of the Pension Reform Act of 2011 (Chapter 176 of the Acts of 2011) allowed certain* ORP participants a one-time opportunity to change their retirement coverage to the Massachusetts State Employees’ Retirement System (MSERS). *Individual eligibility was confirmed when the participant received the official packet at their home address.
The most current ORP updates are posted on the Massachusetts Department of Higher Education's (DHE) website. Click the following link to view: ORP Information
Please direct your ORP queries to the DHE ORP email box: ORP@bhe.mass.edu
PLEASE NOTE: Employees of the Massachusetts State Retirement Board cannot, and are not authorized to, advise you in any manner as to which plan is better suited for you. Please carefully review all materials that were mailed to you by the DHE. Certain plan provisions under the MSERS may not be applicable to transferring ORP participants.