2016 PENSION PAYCHECK SCHEDULE
May pension checks will be mailed on Thursday, May 26th and direct deposits will be made on Tuesday, May 31st (the last business day of the month) as scheduled. To download the complete 2016 Pension Paycheck Schedule Click here!
2016 BENEFIT VERIFICATION PROCESS
On 3/31/16, the 2016 Benefit Verification Forms (BVF) were mailed to all MSRB pension benefit recipients! Forms must be completed, signed and notarized and returned to the MSRB Post Office box by 4/29/16. Click here for all the details.
Please note: The Member ID number on the form does NOT need to be verified as it is correct and Members who retired January 1, 2016 or later will not receive a Benefit Verification Form as they are not required to complete it this year.
2015 ACTIVE MEMBER'S ANNUAL STATEMENTS
If you are an active member of the Massachusetts State Employees’ Retirement System (“MSERS”) you should have received your Annual Statement in the mail. Your Annual Statement provides the balance in your annuity savings account as of December 31, 2015. Members who entered state service January 1, 2016 or later will not receive a statement this year. Click here for more information.
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 .
RETIREE eNEWS BULLETIN
The March/April issue of the Retiree eNews Bulletin is now available! Read it here!
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.