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Retirement session - NTT Contract Service Purchase (Buyback) Massachusetts State Retirement System


Dear NTT Colleagues,

You should have received the following notice (see below) from the Administration about joint UMB and MTA retirement workshops being held tomorrow and Wednesday of this week, along with additional UMB HR retirement workshops starting May 1st. We encourage you to attend.

If you are an FSU/MTA union member in good standing and are unable to attend one of the sessions below please contact us so that we may put you in touch with Ed McCourt, the MTA retirement specialist, for further consultation.

From the FSU

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Contract Service Buyback for NTT:

The Office of Human Resources and the Massachusetts Teachers Association (MTA) will be hosting information sessions to discuss Contract Service Purchase (Buyback) for Non-Tenure Track Faculty (NTT). 

Barbara Jean Conneely, Benefits Manager for Human Resources will provide general information on the Massachusetts State Employee Retirement System (MSERS) Contract Service Buyback request process.  Group discussions will cover MSERS eligibility requirements for Buyback and common Buyback requests.  The sessions are most beneficial for NTTs who are current members of the Massachusetts State Retirement System and are considering requesting a Buyback of creditable service. Ed McCourt will represent the MTA.

These are general information sessions only.  Contract Buyback requests are approved by the Massachusetts State Employees Retirement Board.  We strongly encourage that you call the State Retirement Board at 617-367-7770 and ask to speak to a retirement counselor for any questions that relate to your retirement. 

Session will take place in the Quinn Administration Building, 3rd Floor, Chancellor’s Conference Room  on the following dates:

  • Tuesday, April 24, 2018                     12:00 to 1:00 pm
  • Wednesday, April 25, 2018                12:00 to 1:00 pm

Other Retirement Planning Sessions:

Barbara Jean Conneely, Benefits Manager, will be conducting information sessions to discuss retirement planning from UMass Boston.  Group discussion will cover State Retirement applications, GIC/Medicare options, and other retirement information for UMASS Boston retirees.  These sessions are most beneficial for those who are considering retirement within the next two years.

We would strongly suggest you call the State Retirement Board at 617-367-7770, ask for a retirement counselor, and request a retirement estimate to be mailed to your home address before attending the group discussions.

Retirement Planning sessions are group discussions and will take place in the Quinn Administration Building, 3rd Floor, Room 308 on the following dates:

  • Tuesday, May 1, 2018                                    1:00 pm
  • Wednesday, June 6, 2018                               10:00 am
  • Monday, August 27, 2018                              1:00 pm
  • Wednesday, October 3, 2018                         1:00 pm
  • Wednesday, November 7, 2018                     10:00 am
  • Tuesday, December 11, 2018                         2:00 pm

Any questions about these sessions please contact Human Resources at 617-287-5105.