Here's an "in-person" retirement session coming up on November 16th, 2023 and scheduled at the Butler School! Read on ....
We are excited to be back in person.
Whether you’re in the early stages of your career or contemplating the final years, it’s always a good time to be considering how to navigate your retirement. Choosing your pension option is one of the most important decisions that you will need to make before you retire. Join us for a presentation to learn how to calculate and estimate your pension benefit. We will review the 3 available Options plus discuss the impact of Social Security.
About the Speaker:
Marie Ardito taught in the public schools of Massachusetts for 31 years. In preparation for her retirement, she began to study the Massachusetts retirement system. She was largely responsible for the research that prompted the MTRS, the Massachusetts legislature and both teachers’ unions to recognize the grave injustices that existed in the retirement formula.
She is an active member of the “grass roots” group of teachers responsible for the passage of six pieces of legislation involving retirement benefits. Marie is currently Information Coordinator of the Massachusetts Retirees United. Her knowledge and understanding of the Massachusetts retirement system, as well as her respect for educators, is evidenced in her presentation.
Marie is both an informational and inspirational speaker, and places emphasis on the emotional, psychological, and practical aspects of financial preparation for retirement.
Topics covered:
Pension Criteria and Options
A Case study to illustrate the differences among the Options
Impact of Social Security (GPO and WEP)
Preparing for Retirement - Next Steps
WHEN: Thursday, November 16, 2023 4 – 6p.
WHERE: Butler Middle School Auditorium - 1140 Gorham Street, Lowell MA.
Please register for the event. Click Here to RSVP
Jason W. Levine, MBA, CFP®
Financial Advisor
Please visit me at: www.jasonwlevine.com
Lincoln Investment
95 Sawyer Road, Suite 430
781-647-3050 (Direct)
781-647-3070(Fax)
800-608-3937 (Ext. 5491)
GEMINI.LINCOLNINVESTMENT.COM
gemini.lincolninvestment.com
RETIREE PLANNING WORKSHOP
DECEMBER 13th, 2022 at 6:00PM
You don’t want to miss this free event for all our UTL/AFT Members, not just teachers!! Virtual Workshop (click here for more details) via ZOOM on December 13th at 6:00PM -8:00PM. This is open to ALL members. You must scan the QR Code for more information and to register to attend. At the workshop you will learn more about the MA Public Employee retirement formula, Social Security, and living in retirement. Presenters will be Teacher Retirement Solutions (TRS) partnered with AFTMA, including John Gregorio, a Certified Financial Planner.
NOVEMBER 2022
REPEAL WEP AND GPO ~ STOP PENALIZING OUR TEACHERS AND PUBLIC EMPLOYEES
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Everyone deserves a secure retirement, especially those who devoted their career to public service. The Windfall Elimination Provision (WEP) and Government Pension Offset (GPO) threatens that by substantially reducing or eliminating the EARNED social security benefits of the millions of retired teachers and public employees who contributed to Social Security through other employment. Thousands more are penalized every year as they retire from public service because their state, municipality, or school district does not participate in the Social Security system.
This unfair penalty also contributes to the current teacher and educator shortages, as it serves as a disincentive for those looking to join the ranks of teachers as a second career when they learn that the WEP-GPO penalty will jeopardize their earned Social Security benefits if they enter the classroom.
Add your name to our petition to tell Congress to stop penalizing teachers and public employees and to repeal the WEP and GPO now! The WEP unfairly penalizes retirees in 15 states and Puerto Rico who have spent careers in public service but have also paid into Social Security at other points in their careers, whether while working in the private sector or in the public sector in states not affected by the WEP. The GPO denies survivor benefits to retired public service workers whose spouses paid into Social Security. Both penalties disproportionately affect low-income retirees, and the GPO targets women five times as often as men. With the national teacher shortage reaching crisis levels, allowing the WEP and GPO to continue is lunacy. These penalties disincentivize would-be second-profession teachers from joining the teaching field, when we need to be encouraging qualified candidates to become teachers, not threatening to eliminate their Social Security benefits. There is no context in which hurting the economic security of those who choose to serve their communities is justified.
Click here to send a letter today to Speaker Pelosi.