MTABF
MAHOPAC TEACHERS ASSOCIATION BENEFIT FUND
Post Office Box # 656
Baldwin Place, NY 10505
Phone: 845.543.7415
Post Office Box # 656
Baldwin Place, NY 10505
Phone: 845.543.7415
QUESTIONS AND ANSWERS ABOUT THE MTABF
WHAT IS THE FUND?
The Mahopac Teachers Association Benefit Fund is a legal entity separate and distinct from the Union and was established as a result of collective bargaining between the Board of Education of the Mahopac Public Schools, Mahopac, New York and the Mahopac Teachers Association. Contributions to the Fund are predicated on the amount stipulated in the collective bargaining agreement.
HOW DOES THE FUND OBTAIN MONEY TO OPERATE ITS PLAN OF BENEFITS?
The source of contributions to the Fund is the Employer, the Board of Education of the Mahopac Public Schools. There is no requirement that employees contribute to the Fund in order to be eligible for the benefits it provides, except for COBRA qualified beneficiaries. In accordance with the Agreement and Declaration of Trust and the various governing agreements, the contributions to the Benefit Fund are used to provide benefits for the covered members and eligible dependents, and to finance the cost of administration.
WHO IS RESPONSIBLE FOR THE FUND'S OPERATION?
A Board of Trustees all of whom are designated by the Mahopac Teachers Association in accordance with its Agreement and Declaration of Trust by which the Benefit Fund was created governs the Fund. They may be contacted either at their respective business addresses or c/o the MTA Benefit Fund, P.O. Box 656, Baldwin Place, N.Y. 10505.The Board of Trustees are responsible for the daily functioning of the Fund.
WHAT LAWS GOVERN THE FUND?
In addition to the Agreement and Declaration of Trust, the Fund is also subject to a large body of statutory laws designed to protect the beneficiaries of the Fund. Under this body of law and under the various agreements, the Fund is mandated to submit its books to audit by certified public accountants. Such audits are available for inspection by the Union and the Board of Education of the Mahopac Public Schools at the principal office of the Fund, by appointment. The Fund's fiscal records are maintained on a fiscal year basis, ending June 30. The Trustees are responsible for filing all necessary documents with the United States Internal Revenue Service.
The Fund Employer Identification Number is: 14-1628255
WHAT IS THE FUND?
The Mahopac Teachers Association Benefit Fund is a legal entity separate and distinct from the Union and was established as a result of collective bargaining between the Board of Education of the Mahopac Public Schools, Mahopac, New York and the Mahopac Teachers Association. Contributions to the Fund are predicated on the amount stipulated in the collective bargaining agreement.
HOW DOES THE FUND OBTAIN MONEY TO OPERATE ITS PLAN OF BENEFITS?
The source of contributions to the Fund is the Employer, the Board of Education of the Mahopac Public Schools. There is no requirement that employees contribute to the Fund in order to be eligible for the benefits it provides, except for COBRA qualified beneficiaries. In accordance with the Agreement and Declaration of Trust and the various governing agreements, the contributions to the Benefit Fund are used to provide benefits for the covered members and eligible dependents, and to finance the cost of administration.
WHO IS RESPONSIBLE FOR THE FUND'S OPERATION?
A Board of Trustees all of whom are designated by the Mahopac Teachers Association in accordance with its Agreement and Declaration of Trust by which the Benefit Fund was created governs the Fund. They may be contacted either at their respective business addresses or c/o the MTA Benefit Fund, P.O. Box 656, Baldwin Place, N.Y. 10505.The Board of Trustees are responsible for the daily functioning of the Fund.
WHAT LAWS GOVERN THE FUND?
In addition to the Agreement and Declaration of Trust, the Fund is also subject to a large body of statutory laws designed to protect the beneficiaries of the Fund. Under this body of law and under the various agreements, the Fund is mandated to submit its books to audit by certified public accountants. Such audits are available for inspection by the Union and the Board of Education of the Mahopac Public Schools at the principal office of the Fund, by appointment. The Fund's fiscal records are maintained on a fiscal year basis, ending June 30. The Trustees are responsible for filing all necessary documents with the United States Internal Revenue Service.
The Fund Employer Identification Number is: 14-1628255
