NOTICE TO MPERS EMPLOYERS:
The Contribution Rate for FY27 will be 29.35%
MPERS’ office will be closed on Friday, July 3, 2026, for the Fourth of July holiday
Latest News
MPERS’ First E-Newsletter! Be Sure to Subscribe.
The MPERS team has given new life to and modernized a long-defunct paper newsletter, The Citation. We will periodically use this newsletter as a resource to communicate with MPERS' stakeholders. You'll be hearing more from us in the coming months.If you didn't receive...
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%...