RTC Information
Medicare Part B premium to decrease
Medicare Part B premiums and the annual deductible will be reduced in 2023 for the first time in 11 years, the Biden administration has announced. A 3% reduction in the premiums will reduce the monthly payments by $5.20, from $170.10 to $164.90.
Marna Davidson, former RTC Fla. coordinator, dies
Marna Davidson, the former coordinator of the Florida Retired Teachers Chapter office, has died at 89.
Termination pay requires address
Checks for termination pay are mailed to the address on file with the city Department of Education. If you have moved since you retired, you must update your address with the DOE.
2022 COLA increase is 3%
Based on current Consumer Price Index (CPI) figures, the September 2022 COLA, which retired members will see in their September pension checks, is 3.0%.
Retirees to stay in current health plans
Medicare-eligible UFT retirees will remain in their current health plans for the time being after a state judge’s ruling triggered a delay in the launch of the New York City Medicare Advantage Plus Plan.