What Does the Trust Fund Do For Me?

In 1987, the Montebello Teachers Association created a program called the Montebello Teachers Association Retirement Supplemental Health Plan (Trust Fund for short). This program was designed to help retirees maintain their health care benefits after age 67, when the District stops paying for them. For an in depth look at how the Trust Fund was created and how it can benefit you upon retirement, click below to see an in-depth PowerPoint presentation:

CTA Retirement Webpage

CTA has launched a new "Retirement Webpage" to keep members informed regarding all things retirement. At the moment, pensions are a target for republicans looking for ways to balance the budget on the backs of the hard working people of the state of California while preserving the interests of big businesses and the wealthy. Please check back frequently to see the latest regarding retirement. To visit the CTA Retirement Webpage, click here.

Do Furlough Days Affect My STRS Retirement Benefits?

The Montebello Teachers Association is one of many school Districts that have had to employ furlough days in order to weather the California State Budget shortfall. Many of you may be wondering how, if at all, these furlough days and pay reductions will affect your STRS retirement plans. Luckily, STRS has put together a webinar that should help answer many of your questions. Click below to see it now:

STRS Webinar Page

2010 Retirement Banquet

The 2010 MTA Retirement Banquet took place on Friday June 4, 2010. Twenty-eight retirees were celebrated and honored. Here are a few pictures from the event.