Newsletter — March 2019

RETIRED TEACHERS’ PENSION & HEALTH INSURANCE FUND Governor Lamont’s budget proposal made it an urgent priority to stabilize the teachers’ pension fund. He noted: “It has been badly underfunded and doesn’t keep faith with our current teachers.” His budget also contributes the State’s full-required appropriation to the Retired Teachers’ Health Insurance Fund. The under funding…

Newsletter — February 2019

Fact vs. Fiction: The Reality of Retired Teachers’ Pension and Health Benefits (A summary of an Op-ed. piece written by ARTC President Ed Messina with some additional points.) A main priority for ARTC is to dispel popular myths about retired teacher benefits. Active Connecticut teachers pay 9.7% of their paycheck:7% to Teachers’ Retirement Fund, 1.25% to…

Newsletter — December 2017

The State of Connecticut finally has a budget after a lengthy delay. The result is not good news for retired teachers. The promised 50% reduction in our State income tax has been delayed for at least 2 years. The rate, however, will remain at 25% for 2017 and 2018. If you retired and were receiving…