Regulation

Regulation  807 CMR 13.00: Transfer of membership of RetirementPlus members

Date: 03/03/2023
Organization: Massachusetts Teachers' Retirement System
Regulatory Authority: MGL c. 15, § 16
MGL c. 32, § 20(5)(b)
Official Version: Purchase the official print version

807 CMR 13.00 clarifies the election opportunities available to: (1) members transferring into the Massachusetts Teachers’ Retirement System (“MTRS”) whether they have already made an election regarding RetirementPlus, or who have failed to do so; (2) members who have taken refunds; (3) members transferring out of the MTRS, consistent with the statutory requirement that all such elections be irrevocable; and (4) members who are mandatory RetirementPlus participants who transfer out of the MTRS.

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