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 explanations on theInstructions for Recipient (2020) Form 1099-R. If you still have questions about the codes, please consult with your tax preparer.

If you think that a code is incorrect, then please do contact us.