by t20Admin | Apr 7, 2020 | blog
The recently enacted Coronavirus Aid, Relief, and Economic Security (CARES) Act of 2020 includes a number of provisions that could impact retirement plans and participants.Notably, all workers and retirees below certain income limits will be eligible for economic...
by t20Admin | Mar 20, 2020 | blog
Your MPERS Retirement is SecureDramatic fluctuations in the financial markets due to the COVID-19 crisis are causing alarm globally, but be assured your MPERS retirement is secure. Benefit payments to our retirees and beneficiaries will continue to be made...
by t20Admin | Mar 16, 2020 | blog
MPERS is closely monitoring the COVID-19 virus situation. Given Governor Edwards’ proclamation and the fact the Legislature will adjourn until March 31, 2020, we have canceled the board meeting that was scheduled for Wednesday, March 18, 2020. The next board...
by t20Admin | Feb 13, 2020 | blog
On February 12, 2020, the Public Retirement Systems’ Actuarial Committeeadopted theofficial valuation of MPERS’s actuary, G. S. Curran & Company, Ltd. The employer contribution rate for July1, 2020 through June 30, 2021 will be 33.75% for all...
by t20Admin | Jan 14, 2020 | blog
Assuming that you are a Louisiana resident, you probably shouldn’t rollover your DROP account balance unless enjoy paying more in state income taxes than is necessary. UnderR.S. 11:2228, all monies paid by MPERS are exempt from any Louisiana state tax. This...
by t20Admin | Jan 1, 2020 | blog
On January 15, 2020, the Board of Trustees voted to cancel itsFebruary meeting. The next meeting will be on March 18, 2020.
