by t20Admin | Jan 21, 2021 | blog
We have received a number of phone calls asking about what the dollar amounts in boxes 5 and 7 represent.Because MPERS has alimited number of staff, we’d appreciate it if you did not call the office to ask about these codes. Please read the IRS’s...
by t20Admin | Dec 21, 2020 | blog
Subject to the Public Retirement Systems Actuarial Committee’s approval, MPERS’s employer contribution rate for FY 2022 is set to drop by four percentage points, from 33.75% to 29.75%. If approved, itwill be the lowest employer contribution rate since FY...
by t20Admin | Dec 16, 2020 | blog
On Wednesday, December 16, 2020, Chairman G. Scott Ford accepted the certified ballot counts for the Non-chief District II position. The winner of the election is Jason DiMarco. The certified ballot countfrom the Election Services Corp. is postedbelow.Supporting...
by t20Admin | Oct 30, 2020 | blog
On September 10, 2020, the Chairman of the MPERS Board of Trustees called for an election to fill the vacant position for the Non-chief District II Trustee. The nominated/elected candidate will serve in the unexpiredterm beginning when the oath of office is taken...
by t20Admin | Oct 29, 2020 | blog
It has come to our attention that the City of New Orleans is arbitrarily changingthe formula set forth inR.S. 11:2218(J)by applying a reduction factor. What does that do? It, we believe illegally, reduces the amount of leave that you may convert to retirement credit....