Please be advised that the retirement office will experience disrupted phone service on Tuesday, February 14, 2023. If you are unable to reach the office by telephone, please email your inquiry to mrs@middlesexretirement.org. We are happy to assist you. Thank you.
On January 20, 2023 members and beneficiaries who receive a pension, retirement allowance, or survivor’s allowance from the Middlesex County Retirement System were mailed a Form 1099R. For general information about the taxation of your benefits, click here. Please be aware, however, that the retirement office is not able to provide specific tax advice. For additional assistance, our benefit recipients are encouraged to contact a tax consultant.
Please note the retirement office will open at 12:00 p.m. on Tuesday, January 17, 2023, to allow all staff to participate in an in-service training. Thank you.
The Middlesex County Retirement System’s 2021 GASB 67 & 68 Report, 2022 System Actuarial Valuation, and Final Audit Report of Financial Statements as of December 31, 2021 are now available.
On July 28, 2022, Governor Baker signed into law the 2023 State Budget Bill. Section 134 of the Bill, which provides retirees with a one-time increase from 3% to up to of 5% of the COLA base in Fiscal Year 2023, was not signed by the Governor, who sent back the section to the Legislature with suggested amendments.
Currently, Section 134 remains with the Legislature and is not yet approved. The Middlesex County Retirement Board supports the one-time COLA increase and is aware of its importance to our retirees. The Board is closely monitoring its progress and will promptly report any change of status.