Question Corner

February 29th, 2008

Will Day was a wonderful, convenient opportunity to take care of things and the plan attorney was great. Will there be another Will Day soon for me to have the papers notarized or should I just contact the attorney they listed with my documents?  The next Will Day will probably not be held until late May.  If you wish to have your will executed prior to that date you should make an appointment to meet with the attorney listed in the mailing you received.

According to my W-2 form my gross pay in 2007 was less than it was in 2006.  I even received a new longevity this school year.  How can that happen?  It appears that this year is the first time that you have opted for the 26 pay option.  This means that from September through December you deferred over 7.3% of this school year’s salary until the balloon check in June.  This would account for a lower gross salary for you in 2007.

My husband and I are planning on purchasing our first home.  How do I obtain a list of attorneys that are part of the Legal Plan?  Unlike the vision plan, a list of participating attorneys is not provided to the Legal Plan participants.  You must contact the Legal Plan office (800-832-5182) and they will assign an attorney for you to use in your home purchase.  If you find that the attorney who is assigned to you is neither conveniently located nor giving you satisfactory services, contact the Legal Plan office and ask to be reassigned to another attorney.

Any questions regarding retirement, salary, or the Benefit Fund, may be e-mailed to: questions@middletownteachers.org. All questions will receive a reply; some may appear in future newsletters.

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