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Mass State Retirement

The State Employee Retirement Plan (SERS)

The State Employee Retirement Plan (SERS) is a mandatory defined benefit plan for eligible employees in which 9% of the employee’s salary plus an additional 2% of any earnings over $30,000 will be deducted on a pre-tax basis each pay period and invested the plan. Annually, employees will receive a statement of their account which includes contributions, interest earned and balance. Vesting is 10 years after credible service. For more detailed information on SERS, please visit the Benefit Guide for the Massachusetts State Employee Retirement System.  

The mandatory retirement plans shown above is selected as a result of employment in a job not covered by social security.  Under the Social Security law, there are two ways your Social Security benefit amount may be affected: Windfall Elimination Provision and the Government Pension Offset Provision. For more information view the Statement Concerning Your Employment in a Job Not Covered by Social Security.

 

 

Contact Details


Human Resources
Fall River Campus
Phone: 508.678.2811, ext. 2194
Fax: 508.730.3278
Location: D208A
Hours:
Monday through Friday, 8 a.m.- 5 p.m.

Event Calendar

Date: Tue, 17 Oct 2017 19:30:00 GMT

Bridgewater State University Evening Transfer Lobby Visits (10/17/2017)

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Date: Tue, 17 Oct 2017 21:00:00 GMT

Plymouth North & South High School College Fair (10/17/2017)

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Date: Wed, 18 Oct 2017 15:00:00 GMT

TRANSFER MADE EASY (10/18/2017)

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Date: Wed, 18 Oct 2017 17:00:00 GMT

Fall River Career Center Visit (10/18/2017)

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