Retired Teacher Vision Plan Option Discontinued

March 21st, 2007

Since February 2003 the MTA Benefit Fund has allowed retired teachers to remain part of the group vision plan as long as they paid 100% of the annual vision premiums. As of July 1, 2007, this opportunity will no longer be available to teachers who retire.

The trustees of the MTA Benefit Fund were recently notified by NYSUT Member Benefits Trust that all benefit funds throughout the state will no longer be able to offer voluntary vision coverage to retired fund participants. This announcement comes upon the heels of NYSUT Member Benefits Trust starting a new voluntary vision plan for all NYSUT members and agency fee payers.

Members who are going to retire can make the most of their current vision plan by using the 2007 annual benefit prior to their date of retirement. Once retired, eligibility for coverage expires. Retired members could opt to be part of the NYSUT Benefits Trust vision plan for 2008 and beyond. Full details regarding the NYSUT Benefits Trust vision plan can be found online through the NYSUT web site.

Currently there are 33 retired teachers who opt to remain part of the MTA Benefit Fund vision plan. They will be receiving a mailing from the fund outlining the changes that will be taking place. They too will be advised to use their 2007 benefit prior to June 30th and to investigate coverage through NYSUT starting in January 2008.

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