Important Social Security Update
Download and read the latest important update on Social Security here.
Pension Tax
Good Legislative News!! We have heard from our representative that the 10 percent state tax exclusion on our pension, approved by the Legislature, remains in effect for 2015. It survived the Implementers and is now part of the 2015 budget. The 25 percent state tax exclusion for 2016 and the 50 percent exclusion for 2017…
The latest on your Social Security offset
Senator Sherrod Brown (D-Ohio) has introduced a new bill, S.1651, that would repeal both the GPO and the WEP. This bill will be a companion to Rodney Davis’ House bill, HR 973. We are delighted to see this! We have been waiting for this bill for months. We want to thank him and the other…
Teachers Retirement Board Letter
Dear TRB Health Plan Member: The Teachers’ Retirement Board (TRB) changed our prescription plan and our Pharmacy Benefit Manager January 1, 2015. If you have claims from 2014 that you purchased at an out of network pharmacy and have not previously submitted them for reimbursement, you need to submit your claim with Caremark immediately to…
SFCRTA General Meeting notes from April 7, 2015
A large group of SFCRTA’s retirees gathered on April 7 at St. Mary’s Church hall in Norwalk for an informative Power Point presentation led by Benjamin Rhodes III, a Social Security specialist for the CT area. Mr. Rhodes gave a comprehensive review of the current Social Security laws which unfortunately impact adversely on CT teachers…