Southern Fairfield County Retired Teachers Association

Southern Fairfield Retired Teacher Association serving Darien, Greenwich, New Canann, Norwalk, Stamford, Weston, Westport, Wilton

Pension Tax

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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 remains as part of this law.

We thank all our members who took the time to contact their representatives to endorse this fairness issue, as well as those who attended Lobby Day to advocate for it.

The latest on your Social Security offset

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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 11 Senators who have signed on as original sponsors.

More about Social Security

Teachers Retirement Board Letter

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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 be considered for reimbursement.  If you used an in network pharmacy or mail service for your prescriptions prior to January 1, 2015, there is nothing further you need to do at this time.

Cordially,
Darlene Perez
TRB Administrator

May From TRB

SFCRTA General Meeting notes from April 7, 2015

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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 as well as teachers in fourteen other states. The laws in question are the GPO (Government Pension Offset) and WEP (Windfall Elimination Provision.) The GPO affects members who apply for spousal benefits based on their husband’s or wife’s work record. The WEP affects members who apply for their own SS benefits based on their own work. In both of these laws, benefits are eliminated or reduced unless certain exceptions are satisfied. (A more in-depth explanation is readily available on the internet.) There are bills pending in Congress to end this injustice. Senator Blumenthal, our own CT senator has not signed on to the Senate bill.

Mr. Rhodes took part in a lively exchange with members regarding these provisions. His explanation and responses were forthright but only helped to emphasize the fact that any change in these provisions can only take place with legislative action and support from those of us who are affected by these laws. If you care, call or write your congressman/congresswoman and work for action to repeal the GPO and WEP.

Southern Fairfield County Retired Teacher Association 2015

JOIN US!

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JOIN US!

Southern Fairfield County Retired Teachers

Coffee/And

Tuesday, April 7 @10:00 a.m.

Parish Hall St. Mary’s Church

West Avenue, Norwalk, CT

Parking Lot entrance on Chapel Street

Speaker: Benjamin Rhodes, III

Social Security Administration

Before the meeting, set up your free account at

www.socialsecurity.gov/myaccount