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Posts tagged ‘teacher pensions’

Lessons on Involvement and Activism Focus of CEA-Retired Conference

CEA-Retired President William Murray introduced State Treasurer Shawn Wooden, a speaker at today’s CEA-Retired fall conference.

“As you know, many groups out there in the wider world, don’t like unions but they also don’t like pensions. They’re out to cut down pensions and undermine them in whatever way they can,” CEA Executive Director Donald Williams told CEA-Retired members at their annual fall conference this morning.

Luckily Connecticut active and retired teachers understand how important it is to have their voices heard in the political process and turned out in record numbers for last year’s state elections—electing many pro-public education candidates, including State Treasurer Shawn Wooden, one of the speakers at today’s conference.

“Last year we elected a treasurer who successfully fought to reamortize the Connecticut Teachers’ Retirement Fund while preserving pension benefits,” said CEA-Retired President William Murray. Read more

CEA Retirement Workshops Start Monday

When will you be eligible for retirement? How should you decide which retirement plan to choose?  How can you purchase additional service? How will your Social Security benefits be affected? Comprehensive retirement workshops offered free of charge to all CEA members will answer all of these questions and more.

The workshops, presented by CEA Retirement Specialist Robyn Kaplan-Cho, cover a wide range of issues related to the State Teachers’ Retirement System and will allow time for questions following the presentation. The workshops are held at various locations around the state throughout the fall and in the early spring—the first one is this Monday, September 16, at South Windsor High School.

Register now!

Any CEA member who wishes to begin planning for retirement is encouraged to attend. It is never too early to educate yourself!

Registration starts at 4:00 p.m. and the workshops will run from 4:15 – 6:30 p.m.

Your Advocacy Made the Difference This Legislative Session

The 2019 Connecticut legislative session ended at midnight last night, and, thanks to your advocacy, we were successful at achieving some of our top priorities.

Watch CEA Executive Director Don Williams’ summary of what we accomplished this session.

Safeguarding Teacher Pensions

The General Assembly has passed a fair, responsible state budget that ensures the long-term security of teacher pensions. Read more

Retired Teachers Lobby Legislators to Support Teacher Pensions and More

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Members of the CEA-Retired Legislative Advisory Council prepare to meet with their elected officials at Retired Teachers Lobby Day.

In an overwhelming turnout for Retired Teachers Lobby Day, hundreds of former Connecticut educators gathered at the Legislative Office Building this morning to meet with their elected officials about issues critical to public education and the teaching profession. Among the biggest of these are funding teacher pensions and avoiding a proposed cost shift.

 

“We must avoid any shift of the state’s responsibility to fund teacher pensions onto cities and towns,” said CEA-Retired member and legislative co-chair Karen O’Connell—a move she cautions could impact education budgets, and in turn, students and teachers. The Finance, Revenue, and Bonding Committee is expected to vote on the issue by the end of the week.

O’Connell and legislative co-chair Myles Cohen said that Retired Teachers Lobby Day—a joint effort of CEA-Retired, the Association of Retired Teachers of Connecticut (ARTC), and AFT Connecticut—brings longtime educators and legislators face to face to discuss issues ranging from adequate funding of teachers’ retirement and healthcare benefits to the resources necessary to support public education. Read more

CEA Holding Workshops on Pension Issues for Early Career Teachers

CEA Pension Specialist Robyn Kaplan-Cho answers teachers’ questions.

You may be years away from retirement, but it’s never too early to start planning. Come to a free CEA workshop this spring where CEA Retirement Specialist Robyn Kaplan-Cho will provide you with an overview of the Connecticut Teachers’ Retirement System with a particular emphasis on issues of interest to teachers in the early phase of their career (fewer than 15 years of service)—although all CEA members are welcome.

Register today. Read more

Teachers Speak Up, Share Stories With Legislators: Join Them

Teachers have a lot to say on issues from their pensions to classroom safety this legislative session, which is why local associations around Connecticut are meeting with their legislators and making their voices heard.

Hamden Education Association members including President Diane Marinaro, standing at right, had a number of questions for Rep. Mike D’Agostino, Rep. Josh Elliott, Senate President Pro Tempore Martin Looney, and Senator George Logan.

“Politicians make decisions that affect our students and our profession,” says Hamden Education Association Vice President David Abate. “Sitting back and waiting isn’t a solution. I don’t like politics, but for legislators to know what’s going on in our schools they have to hear from teachers.” Read more

Statement from CEA President Jeff Leake on Governor Lamont’s Budget Address

CEA supports sensible ways of assisting the state in its efforts to make up for decades of underfunding teachers’ retirement, including the governor and treasurer’s plan to smooth out the state’s payments to the fund over a longer period of time and lower the investment earning assumption to a more realistic rate. Teachers have consistently paid their fair share into the fund—while the state has not—and teachers had their payments increase nearly 20 percent last year.

However, we oppose any teacher retirement cost shift that transfers millions in costs from the state to our cities and towns, putting additional financial strain on taxpayers and pressure on already tight school budgets. The plan to shift the cost of teacher retirement contributions onto our cities and towns didn’t sit well with Connecticut taxpayers, legislators, and municipalities in 2017—because it placed additional financial burdens on cities and towns and property owners—and it doesn’t sit well with them today. Read more

Actuary Sets Record Straight on Teacher Pensions

Misconceptions abound when it comes to teachers’ pensions, but today, in a presentation to the Pension Sustainability Commission, an actuary clarified that Connecticut teachers’ pension benefits are actually quite modest.

The Connecticut Pension Sustainability Commission is charged with studying “the feasibility of placing state capital assets in a trust and maximizing those assets for the sole benefit of the state pension system.”

John Garrett, principal and consulting actuary at Cavanaugh Macdonald Consulting, shared findings from the March 2018 report of the Connecticut Teachers’ Retirement System Viability Commission.

Garrett compared Connecticut with 11 other state retirement systems that cover pension benefits to teachers who do not receive social security. “Connecticut has a fairly modest benefit when you look at other non-Social Security covered workforces,” he said. Read more

Planning for the Future: Pension Issues for Early Career Teachers

You may be years away from retirement, but it’s never too early to start planning. This workshop provides an overview of the Connecticut Teachers’ Retirement System with a particular emphasis on issues of interest to teachers in the early phase of their career (less than 15 years of service), although all CEA members are welcome.

Come and hear from CEA Retirement Specialist Robyn Kaplan-Cho to gather the information you need to answer the following questions (and more):

    • How does the retirement system work?
    • Can I get retirement credit for other work that I’ve done?
    • What happens if I decide to work part-time or take a leave of absence?
    • What are my options if I decide to leave teaching?
    • How long do I have to work to collect a pension?
    • I have heard that my Social Security benefits may be affected. Is that true?

Click here to register. Read more

Governor Malloy Wrong on Teacher Tax

GovMalloyTone-DeafGovernor Malloy shocked teachers in Connecticut today when he refused to rule out supporting a Teacher Tax. He also misspoke when he said he had not heard from teachers regarding the Teacher Tax. In fact, he has already received more than 2,000 emails from Connecticut Education Association members who said they were against the Teacher Tax and urged him to veto the Republican budget.

Contact Governor Malloy now. Read more