If you have opted for Medicare’s voluntary prescription drug rider (Part D) for 2025, you may potentially spend less out of pocket for prescription drugs. Under the federal Inflation Reduction Act of 2022, beneficiaries now have a spending cap of $2,000 on covered drugs, after which Medicare pays 100% of the cost for the rest of the year.

Checks for termination pay will be sent to the address on file with the Department of Education. Here is how to update your address if you have moved since your retirement.

In late June, the UFT withdrew its support for the city’s proposed Medicare Advantage plan for New York City’s Medicare-eligible retirees.

Have an interest or subject matter that brings you joy? Consider teaching fellow retirees as a UFT Si Beagle instructor. Here is how to become an instructor.

Retirees will see a 1.8% increase in their UFT pension checks due to the cost-of-living adjustment (COLA) that was hard fought by the union and the rest of New York State's labor movement.