Latest News
Direct Deposit Mandated for Refunds of Employee Contributions
MPERSnow requires direct deposit for all refunds of accumulated employee contributions. Our latest form incorporates that requirement. However, if you are not going to leave these funds with MPERS, we STRONGLY encourage you to rollover these funds to an IRA or an...
MPERS Office 2021 Christmas and New Year Closures
The office will be closed on the following days for the holidays:Friday, December 24, 2021;Monday, December 27, 2021; andFriday, December 31, 2021.
Employer Contribution Rate Beginning July 1, 2022 Likely to Be 31.25%
For the fiscal year beginning July 1, 2022, the minimum recommended net direct employer contributionrate determined by our actuary is 31.25%. The rate must still be approved by the Public Retirement Systems' Actuarial Committee in February, however.The 31.25%...
MPERS Office Closed on Wednesday, September 15, 2021
The MPERS office will be closed on Wednesday, September 15, 2021, due to severe weather associated with Tropical Storm Nicholas.
MPERS Office Closed on Monday, August 30, 2021 Through at Least Monday, September 6, 2021
The MPERS office will be closed on Monday, August 30, 2021 through at least Monday, September 6,2021, due toHurricane Ida. Assuming that office has power, it will reopen on Tuesday,September 7,2021.Of course, this will NOTaffect the payment of Septemberbenefits.