We hope that you and all of your family members remain in good health during a time of unprecedented upheaval as we all try to live through this pandemic. There are a few items we would like to update you on. SFCRTA Book Awards $750 Award Jenna Calorossi, Stamford H. S. – Elem. Ed. ,…
Connecticut Losing Billions of Potential Revenue The Yankee Institute for Public Policy (Mark E. Fitch) reports “Connecticut lost $1.1 billion to other states in 2018 and ranked sixth in the nation for loss of income and wealth to other states.” Retirees make up a significant portion of the income and wealth loss. The Yankee Institute…
On October 23rd, two hundred and twenty eight SFCRTA members attended a breakfast and listened to Connecticut Attorney General William Tong speak about collusion in the drug industry, specifically in reference to generic drugs. Here are some of his key points: Nearly 90 percent of all prescriptions filled are generic drugs, intended to be an…
NEW HEALTH INSURANCE INFORMATION RELEASED BY THE TRB Premium Comparison High Level Summary of Plan Differences ∗ Medicare Part B deductible subject to change per Medicare Changes in Plans for 2020 (full plan description to be mailed by carriers) Anthem Medicare Advantage: $10 Office Visit $200 per admission Inpatient Hospital Copay Anthem Medicare Supplement: $10…
WHERE RETIRED TEACHERS STAND IN THE NEW CONNECTICUT BUDGET The legislature has passed a plan proposed by Governor Ned Lamont and Treasurer Shawn Wooden to shore up the critically underfunded teachers’ pension system. The bond covenant will be completely honored but payments will be spread out until 2049 instead of 2032. The plan also includes…