NOTICE TO MPERS EMPLOYERS:
The Contribution Rate for FY27 will be 29.35%
NOTICE TO MPERS RETIREES:
1099-R Tax forms are available for download in your Member Portal. Copies have been mailed to the address on file.
Latest News
DROP Statements and Required Minimum Distribution Letters
DROP statements for the MPERS investment portfolio (less 0.5%) were mailed 12/15/2021.Required Minimum Distribution letters and withdrawal forms were mailed 1/4/2022.Enjoy!
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.