An overview of the proposed Aetna plan
The following email was sent on Thursday, March 2, 2023 to all members of the Retired Teachers Chapter from UFT President Michael Mulgrew and Retired Teachers Chapter Leader Tom Murphy.
Required minimum distribution age rises to 73 in 2023
The SECURE Act 2.0 has raised to 73 the age at which individuals must begin taking required minimum distributions (RMDs) from their retirement account, beginning in January 2023.
Optional rider checks to be mailed in March
UFT retirees will receive an Optional Rider reimbursement at the beginning of March.
Judge rules on GHI Senior Care copays
Manhattan Supreme Court Justice Lyle Frank on Jan. 11 issued a preliminary injunction against the city, EmblemHealth and GHI that temporarily bars them from charging any of the copayments in the GHI Senior Care plan that went into effect on Jan. 1, 2022.
1099 forms will be available soon
TRS issues 1099 forms each January to individuals who received distributions from TRS in the previous year.
Required minimum distribution starting age rises to 73 in 2023
As of January 2023, the SECURE 2.0 Act has increased the required minimum distribution age to 73.