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Retired Teachers Chapter News

Optional drug rider reimbursement increases

Each year at the beginning of March, eligible retirees receive a partial reimbursement from the UFT Welfare Fund for the cost of an optional prescription drug rider. This year, the amount will increase.

Don’t be fooled by financial fraudsters

Scammers more often target retirees because they're more likely to have savings, good credit and less experience with technology. But retirees can sniff out whether a scammer is at work if they take heed of “the four p’s,” authorities say. Scammers use pretense, present a problem or a prize, pressure victims to act quickly and demand payment. 


Giving a world of learning

Retired high school math teacher Mark Grashow supports the education of thousands of students in rural communities throughout Africa and the Middle East through the nonprofit he founded after retirement, the US-Africa Children's Fellowship.

The state of our chapter

We have a lot to be happy with regarding the state of the RTC chapter. We have debates of retiree issues and an enhanced voting process. But I am concerned that Zoom is hurting the quality of our union engagement.

SHIP 2025 premium notices

The UFT's Supplemental Health Insurance Program's 2025 premium notices will be sent in early January.

New spending cap for Medicare Part D

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.