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OUR PLAN IS NOT CHANGING! THE ONLY THING CHANGING IS THE ADMINISTRATOR WHO PAYS THE CLAIMS ON THE MTABF's BEHALF. Please do not submit any claims to Preferred or ASO during the July 15 -August 15 blackout period. After all data is transferred to ASO from Preferred, approximately by 8.15.23, claims can be submitted to ASO. The blackout period DOES NOT mean you can't visit providers (i.e. dentists, vision, etc.) You CAN! You & your providers just need to wait until August 15th to submit claims. If a provider is telling you something different or refusing you service, they do not understand how this transition works. An alternative option to providers denying you service because they don't understand the change over process (although it has been explained to them), is for you to pay for the service & submit the claim to ASO in August. You will receive the same reimbursement as you always would.  If you aren't already receiving emails, please join the MTABF email distribution list & receive information on updates & changes that are occurring. mtabenefitfund2@gmail.com
 The MTABF board of trustees has approved a change to our third party provider. We will be changing from our current provider (The Preferred Group) to Administrative Services Only, Inc (ASO). The changeover process will begin this summer. Please check the dates below.
ALL UPDATES CAN BE FOUND HERE  The link for this retirement information session will be emailed to those who have filled out the Google Form. MARK YOUR CALENDARS:
If you have questions prior to our May 23rd meeting, please reach out to your building MTABF Trustee.
To: All Teachers, Managerial Confidential, Custodial Supervisors & UPSEU Members,
Subject: Retiring When you decide to retire, in addition to informing the district, you must inform the Mahopac Teachers Association Benefit Fund (MTABF). Failure to do so will result in the loss of your MTABF Benefits (dental, vision, legal, life, financial, hearing & variable.) Retirement notification can be completed by using this GOOGLE FORM, which is also available on the MTABF website Questions can be directed to your MTABF Trustee:
 March is the month to enroll/reenroll dependent(s)/ family for dental coverage. Please remember that you, the member, are covered at no additional charge. If you are covering a spouse or other eligible dependents, you must enroll them every year. The cost for dental during the plan year that runs July 1, 2021 to June 30, 2022 will be the same as last year. Enrolling a dependent(s) can only be done during the enrollment period of March 1 – 31. Dependents will be covered from July 1 - June 30. If you don’t re-enroll each year, you are electing to drop coverage for your dependent(s). Your dependent(s) must then wait 3 years to re-enter the dental plan. Dependent children are eligible for coverage from birth to their 26th birthday if they are not eligible for dental coverage under another plan. Please note that you use your variable benefit for the same year as the dental coverage is in effect, so you will be utilizing next year’s variable for next year’s dental coverage. A Variable Benefit Claim Form must be submitted w/ your dental enrollment. If you are planning on retiring, you are NOT eligible to utilize the Variable Benefit and may need to pay depending on the retirement plan you elect to participate in.
Our financial counseling provider, Stacey Braun Associates, recently offered two webinars. If you missed them or want to review, the provided links will bring you to a video.   Our financial counseling provider, Stacey Braun Associates, will be offering two webinars in the coming weeks. The provided links will bring you to a page on which details of the webinar and links for registration are available. You will need to register to receive the link for the event. We hope to see many of you there.  November 22, 2022 at 4pm Mahopac Teachers Association Benefit Fund – Financial Planning Essentials Webinar - Grow Your Money https://www.staceybraun.com/mahopac-teachers-association-benefit-fund-financial-planning-webinar/ You will need to register to receive the link for the event.
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Photos used under Creative Commons from Damian Gadal, focusonmore.com, Jernej Furman, Jernej Furman, wuestenigel, focusonmore.com
