The purpose of this post is to inform you of a change to your Life Insurance & Accidental Death Benefit* carrier. The policy is now provided by The Hartford. The Mahopac Teachers Association Benefit Fund, on your behalf, pays for this benefit through district contributions.
Currently, teachers have $100,000 worth of life insurance, while the UPSEU members have $65,000 worth of coverage. Administration & managerial confidential are not insured for life insurance through the MTA Benefit Fund. Full time MTABF members have the ability to continue their life insurance coverage into retirement. As your status in life changes, so does your policy.
Access further information on your Life & AD&D Benefit on the Life Insurance Page.
If you were already up-to-date in your enrollment in the MTABF, then there is nothing that you need
to to do. The MTABF has handled the life insurance enrollment process for you.
If you have any questions, please feel free to contact your MTABF Building Trustee.
(*Accidental Death & Dismemberment is not applicable for retired employees.)
Come LEARN &/OR REVIEW what the MTABF has to offer you
Each building will hold its own session.
Can't make the one in your building, feel free to attend another.
A Certified Financial Planner from Stacey Braun Associates will be holding free personal confidential finial planning consultations at the schools on the following days:
Read an article that stated:
"It might sound strange, but many working Americans walk away from free money every year. "
Are you one of these people?
Through the MTABF you are entailed to $$$ back for various health related items & issues you may have paid for out of pocket.
REMEMBER: Claims must be filed no later than July 31st of the covered year (July 1 through June 30). Claims submitted later than July 31st, will not be covered. Please make sure you get them in on time & fill out the forms [properly or the claim will be returned to you. See the VARIABLE PAGE for information & claim forms.
Stacey Braun Associates, Inc. Financial Counseling Program provides you with access to qualified professionals, such as Certified Financial Planners and Registered Investment Advisors who can help you achieve your financial goals. Whether you need a comprehensive financial plan or an answer to a financially related question, Stacey Braun’s professionals are available to work one-on-one with you to provide quality assistance.
This month, on March 28th, a Stacey Braun representative will be in 2 buildings; Austin Road & Fulmar Road. Call ahead for a consultation.
To Make an Appointment Call Stacey Braun at (888) 949-1925.
YOU'RE NEVER TOO YOUNG TO START
A representative from Stacey Braun Associates will be coming to provide information about 403b plans. This is a unique opportunity to get unbiased information about the various 403b plans that are available to YOU.
If you plan to attend, please email ClementsE@mahopac.k12.ny.us, or let one of your MTA Benefit Fund trustees know so we can ensure there will be enough materials for you. If you find yourself available to attend at the last minute, and you didn’t RSVP, please come anyway! We look forward to seeing you.
TUESDAY, MARCH 27, 2018
There are 2 options to pay for your family dental coverage.
1. OPTION 1 – Full Payment: If you wish to purchase spouse or a single dependent coverage or family the MTABF must receive payment in full by March 31st. You may defer some or all of this cost by using the variable benefit for the following school year. To apply the variable benefit, this form must be accompanied by a claim form.
2. OPTION 2 – Biannual Payment: If you wish to purchase family coverage and would like to take advantage of biannual payments you must use the variable & make an additional payment for the remaining balance. The MTABF must receive the first half of the payment by March 31st & the second payment of by June 30th. To apply the variable benefit, this form must be accompanied by a claim form.
You may elect to use your following school year variable benefit to defray the cost of your dental. If you elect to do this, a Variable Benefit Claim Form must be submitted w/ your dental enrollment. If you are planning on retiring, you are NOT eligible to do this.
All requests for dependent and family dental coverage must be submitted with payment to the MTA Benefit Fund (check payable to MTABF) by March 31st and mailed to:
MTA Benefit Fund
C/o Preferred Group Plans, Inc.
P.O. Box 15136
Albany, NY 12212-5136
(*Managerial Confidential* - In order to ensure that your dependents are properly covered, please provide your dependents information & send in the enrollment form, mark it as Managerial Confidential, to Preferred.)
SEE ALL DENTAL INFO