The Securities and Exchange
Commission just launched a special "Just for Teachers" section
of their web site. The section is devoted to helping teachers save
and invest wisely for their retirement. Some of the information
included on the web site include:
To explore this exciting resource, please click here.
Payments to teachers who
serve as mentors do count toward pensionable salary for purposes
of the teachers' retirement system.
who have earned additional pay as mentors should check their annual State
Teachers' Retirement Board (STRB) Member Statement to ensure that such
payments were reported by the district to the STRB and included in the
"pensionable salary" column on the statement in any year such
payment was earned. If it was not reported, teachers are advised to have
their district send a letter to the STRB informing them of this payment
immediately so that mandatory contributions that should have been
withheld (and accrued interest) can be calculated and billed to the
teacher by the STRB. It is important for each affected teacher to
follow-up directly with the STRB to ensure that they have received the
necessary information and that corrections have been made.
Leave of Absence Without Pay
CHANGE of NAME, PHONE, ADDRESS, etc.
- Health insurance option for retired teachers who will
not be eligible for Medicare at age 65, please click here.