• Massachusetts has three retirement systems for public school employees. The Massachusetts Teachers' Retirement System (MTRS) is the largest, providing benefits to over 90,000 educators and 62,000 retirees. The City of Framingham Retirement System is for municipal employees, excluding teachers. Part-time, seasonal, or temporary employees participate in the OBRA - Deferred Compensation Plan as an alternative to Social Security.

Massachusetts Teacher's Retirement System (MTRS)

  • The Massachusetts Teachers' Retirement System (MTRS) stands as the largest among the state's 104 contributory retirement systems. Committed to supporting educators, MTRS delivers retirement, disability, and survivor benefits to over 90,000 active teachers and 62,000 retirees and survivors. All certified employees, including those in Unit A, Unit B, and Principals, are required to contribute to MTRS. For more information about managing your retirement account, accessing your benefits, and contacting MTRS, please visit their official website.


Framingham Retirement System

  • As a vital component of the Massachusetts Retirement System structure, our system is designed to meet the retirement needs of municipal employees. Membership in our retirement system is mandatory for all full-time municipal employees, with the exception of teachers, certain administrators, and substitutes. We are dedicated to providing comprehensive retirement benefits and support to help you plan for the future. Explore the Framingham Retirement System website to find valuable information about your retirement benefits, resources for managing your account, and contact details to reach our knowledgeable team.


MA Deferred Compensation SMART Plan

  • If you're a part-time, seasonal, or temporary employee of Massachusetts or a Massachusetts local government employer, participation in the SMART Plan is mandatory for you. Created as an alternative to Social Security under the federal Omnibus Budget Reconciliation Act of 1990 (OBRA), the SMART Plan ensures that employees who are not eligible for their employer's retirement program have a suitable retirement option. By meeting federal requirements, the SMART Plan offers a valuable solution for securing your financial future. Discover more about the SMART Plan, explore its benefits, and gain the information you need to make the most of this retirement program.