Retired teachers chapter news

July 7, 2016

2015 Medicare Part B and IRMAA 2014 Reimbursements are Coming in June

For the first time, Medicare-eligible retirees will be receiving their 2015 Medicare Part B reimbursements by Electronic Fund Transfer (EFT) directly into their bank accounts on June 17, 2016.

June 2, 2016

Termination pay: Have you moved?

If you have moved since you retired, you must update your address with the Department of Education.

The courts: Friend or foe?

Think of the Supreme Court appointments the next president will have to make as you contemplate the November general election. The present stalemate in the Senate over President Obama’s court appointment is no accident. There is a lot at stake including the very lifeblood of union survival and of voting access.

Section Coordinators

May 5, 2016

Retirees are campaign staples

Guess which major political party has advocated the following policies?

April 7, 2016

2015 sales tax break for New York, Florida and other states’ residents

Federal tax law allows taxpayers who elect to itemize deductions to deduct their state and local income taxes or state and local general sales taxes to reduce their federal income tax.

Elderly woman more likely to be poor than men

Women 65 and older typically have an income that is 25 percent lower than men, according to the National Institute on Retirement Security.

Our endorsement process

Hillary Clinton was the clear and overwhelming favorite of thousands of members who participated in the membership survey.

Retiree optional rider checks are being mailed

UFT President Michael Mulgrew, who chairs the union’s Welfare Fund Board of Trustees, is pleased to announce that retirees are currently receiving their Optional Rider reimbursement.

March 3, 2016

Reporting TRS distributions on your federal income tax

If you received one or more of the distributions listed below during 2015, you are required to report the total gross amount of the distribution in box 16a and the taxable amount of the distribution in box 16b on your 2015 federal income tax Form 1040.

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