IMPORTANT BOARD ELECTION NOTICE
If you vote via the paper ballot, please DO NOT mail the ballot to the MSRB office. The paper ballots must be mailed to the address printed on the ballot:
Election-America, PO Box 151, Mineola, NY 11501-0151
The schedule for the 2015 Winter / Spring SMART Retirement and Beyond seminar series is now available. These seminars are held exclusively for Massachusetts State Employees. Register today - space is limited!
2015 PENSION PAYCHECK SCHEDULE
February's pension checks will be mailed on Wednesday the 25th.
Direct deposits will be made on Friday, February 27th.
To download the complete 2015 Pension Paycheck Schedule Click here!
1099-R statements were mailed on Monday, January 26, 2015. If you do not receive your 1099-R statement by Friday, February 13, 2015 please call the MSRB. Be sure to notify the State Retirement Board of any change of address. Our change of address form can be found here . For additional information on understanding your Form 1099-R, please click here.
Last year, the Department of Higher Education received a favorable ruling from the Internal Revenue Service regarding implementation of Section 60 of the state's Pension Reform Act of 2011, thus providing the opportunity to re-evaluate choice of retirement plans: the ORP or the Massachusetts State Employee's Retirement System (MSERS). Please click on link for more information ORP Information
Please direct your ORP queries to the ORP email box: ORP@bhe.mass.edu
Click here to view the MSERS ORP Seminar Presentation file size 1MB
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.
What is MSERS?
The Massachusetts State Retirement Board administers the Massachusetts State Employees’ Retirement System (MSERS) for state employees and certain other employees of public entities. The Board also administers the former Massachusetts Turnpike Authority Employees’ Retirement System and benefits for members of the Judiciary. The MSERS is a contributory defined benefit retirement system governed by Massachusetts General Law Chapter 32. The system provides retirement, disability, survivor, and death benefits to members and their beneficiaries. This governmental plan is a Code section 401(a) retirement plan under Code section 414(d) of the Internal Revenue Code, established and maintained for the employees of the Commonwealth.
Membership in the system is mandatory for nearly all state employees who are employed on a part-time (minimum half time) or full-time permanent basis.