From the President’s Podium
In the midst of this busy holiday season, I hope that each of you, in your own tradition and custom, are able to pause for a moment to give thanks and in some way express ap-preciation for the blessings that have come your way.
As I write this, the budget battle is over and, considering the way things were going, we are probably fortunate to have maintained our 25% income tax reduction! The 50% re-duction is still on the horizon (2019) and we will need to continue to advocate for that when the next round of budget adjustments occurs.
The new budget increases the pension contri-bution of currently employed teachers from 6% to 7% putting Connecticut about in the middle with 24 states having a higher level of contribution. Interestingly, Oregon and Utah teachers contribute nothing to their pension funds while Missouri teachers contribute 15.47%.
A date for Retired Teachers Lobby Day has not yet been announced but it is usually to-wards the end of March or the beginning of April. This is a chance to meet face to face with your legislators and advocate for our position on topics that affect our health and welfare.
As soon as the date is scheduled, we will pass that along to you. and we will arrange bus transportation for those who do not want to drive to Hartford – let’s have a record turn-out!