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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: 208A
Hours:
Monday through Friday, 8 a.m.- 5 p.m.

Event Calendar

Date: Fri, 28 Apr 2017 15:00:00 GMT

Financial Aid Workshop - Fall River (4/28/2017)

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Date: Sat, 29 Apr 2017 12:45:00 GMT

Placement Testing-New Bedford-Saturday, April 29, 2017-14783-Room NH402 (4/29/2017)

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Date: Mon, 1 May 2017 13:30:00 GMT

Attleboro Career Center Visits (5/1/2017)

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Date: Tue, 2 May 2017 04:00:00 GMT

UMASS Dartmouth Transfer Walk-Ins (5/2/2017)

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