News

News

Pension Reminder Calendar
This calendar provides reminders for important pension plan filing deadlines and administrative tasks for local governments. Download a copy of the calendar here.

 

State Aid Unit Value History: 1985 – 2022
The 2022 State Aid Unit Value is $5,180.4519. That is an 8.0% increase from last year’s value of $4,797.2826! This is the first increase in the unit value since 2019 (it decreased by 3.8% from 2019 to 2020, and by 2.6% from 2020 to 2021). The 2023 State Aid Unit Value will be announced fall 2023. Download a chart of the complete state aid unit value history back to 1985.

 

Messages from Mockenhaupt
Welcome to Messages from Mockenhaupt! You can access the latest news from our Retirement Services team as well as past editions for the year. Each communication also provides a listing of upcoming conferences and speaking engagements.

  • March 2023: This first edition of 2023 provides reminders, a legislative update, and an administrative reference guide for plan administration. Download here.
  • December 2022: This final edition of 2022 provides MMO payment reminders, legislative updates, impact of investment losses, and year-end data requests . Download here.
  • September 2022: This edition provides the latest updates on the state aid unit value, MMO and beneficiary records reminders. Download here.
  • July 2022: This edition provides the latest updates on proposed pension legislation and MMO reminders. Download here.

 

2023 Limits to Know
The IRS released new plan limits for qualified benefit and retirement plan for 2023. Download a summary of the new limits.

 

Stay tuned for other important news from the Mockenhaupt team throughout the year.