RETIREE CHECKLIST

Retirement should be a time of celebration and joy. However, several important decisions must be made and a few chores must be completed in order to make the smoothest possible transition to retirement. The following Retiree Checklist was developed by MTA, Certificated Personnel and Risk Management to help you identify the tasks needing completion upon your retirement. For more information contact:

Certificated Personnel            Sylvia Delgado           (323) 887-7900 ext. 2293
Risk Management                   Gail A. Contreras        (323) 887-7900 ext. 2302
MTA                                          Alonso Ibanez              (323) 722-5005
MTA/Allied Administrators     Sandy Eatchel             (800) 736-0401

DEFINITIONS

Early Retiree - An employee who retires (with a minimum of 15 years of service) under the Early Retirement Option.  You may be an early retiree from the year you turn 55 through the year you turn 60.  The District shall provide District medical and dental benefits to participants for each year of participation at District expense not to exceed the District's contribution for regular Bargaining Unit members."  Per Contract Language XV. Early Retirement Option B. 4.

 In June of the year you turn 60 you will automatically become a regular retiree.  Long Term Care can be purchased through the insurance carrier.  Vision can be purchased through Risk Management.

 Regular Retiree - An employee who retires (with a minimum of 15 years of service) at age 55 or older or qualifies for STRS Disability Allowance.  You will receive a flat dollar amount toward your major medical through the month that you turn 67.  Dental, vision, and long term care may be purchased at your cost.

 Trust Fund - If you are a member of the MTA Retiree Supplemental Health Plan (Trust Fund) you will receive a flat dollar amount toward your major medical from the month you turn 67 throughout your lifetime.

 Retiree Not Eligible for District Paid Benefits - An employee who retires at age 55 or older but has less than 15 years of service to the District.  You can buy health and welfare benefits at your own costs.

 DIRECTIONS

• Certificated Early Retiree Wants Trust Fund
• Certificated Early Retiree Does Not Want Trust Fund
• Certificated Regular Retiree Wants Trust Fund Under Age 67
• Certificated Regular Retiree Does Not Want Trust Fund Under Age 67
• Certificated Regular Retiree Wants Trust Fund Age 67 and Older
• Certificated Regular Retiree Does Not Want Trust Fund Age 67 and Older
• Retiree Not Eligible for District Paid Benefits