The Spring 2021 Newsletter has been posted to the website. Highlights of this issue include: the System’s valuation and investment returns, the favorable economic impact of your pension, the importance of naming an Option D beneficiary, a retirement checklist, social security update, and more.
The Middlesex County Retirement System is seeking a Managed IT Service Provider. The System’s detailed requirements are set forth in the Request for Quotes which can be accessed here. If interested, please submit a bid as directed by Friday, April 30, 2021.
Tuesday, May 4, 2021 from 4:00 p.m. – 5:30 p.m.
The Middlesex County Retirement System is pleased to resume our popular pension education program to provide our members and their families with up-to-date information about their public retirement benefits. This 90-minute webinar will include information on the retirement application process, retirement benefit calculations and payment options, and how your MCRS retirement benefits interact with Social Security.
This virtual program is free, but preregistration is required. There are a limited number of spots so click here and register early!
Please be advised that the retirement office was not able to receive e-mail on March 24, 2021. Please do not hesitate to resend your email inquiries or contact us for a status update for any pending requests. We are happy to assist you.
The Middlesex County Retirement System voted unanimously on March 17th to grant retirees the maximum allowable Cost of Living Adjustment (COLA). The maximum COLA allowed by law for retirees of the Middlesex County Retirement System is 3% of the first $16,000 of retirement benefits, or $480.00 per year. The increase will take effect on July 1st.