Urge Your Legislators to Support MTA-Backed Bill to Fix RetirementPlus Enrollment Issue!
The MTA is supporting legislation that would correct a RetirementPlus (R+) enrollment issue impacting certain members of the Massachusetts Teachers’ Retirement System (MTRS). The bill, An Act relative to the Massachusetts Teachers’ Retirement System, was filed by Senator Cindy Friedman (D-Arlington) and Representative Tackey Chan (D-Quincy).
Currently, new teachers with past membership in another contributory retirement system are required to “elect” into R+. Since it takes time to determine which teachers have past service, all of them have their initial contributions to the MTRS withheld at the R+ rate of 11 percent. However, the inherent delays in the enrollment and transfer processes have resulted in members contributing at 11 percent for years in some instances, which has created significant confusion. This has led to some employers incorrectly telling teachers that they are enrolled in R+, resulting in needless and costly appeals that will continue until this issue is addressed by the Legislature.
This legislation includes several key provisions that would correct this enrollment issue now and prevent it from occurring in the future, without adding any additional liability to the teachers’ retirement system. To learn about the specific details of this legislation, please click here.
Please email your legislators right away and urge them to support and co-sponsor An Act relative to the Massachusetts Teachers’ Retirement System! Please also consider calling your legislators to follow up on your email. You can find your legislators’ phone numbers by clicking here.