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LCG Update

The following was submitted by NHREA Treasurer Marcia Walenta:

Many school districts across the state have returned overpaid funds to retirees.  There are a few dragging their feet, and, incidentally, collecting interest on your money.  If you are in such a district, then call the business manager or the HR person and put pressure on them.  These monies were returned to the districts in August.  No excuses.

It has come to my attention that Keene is asking its retirees to fill out a W9.  This form is to take out taxes.  My recommendation is that you do not sign this form.

Have you received your health care premium rebate?

Many of you may know that the courts ordered the Local Government Center (LGC) to return monies for healthcare premiums that were over-paid for 2010 and 2011 to their clients. The total amount from both 2010 and 2011, including dental and medical is about $800 per person insured.  If the retiree was employed even part of either of those years then the amount will be lower as the district paid part of the premium.   This does not apply to retirees who were covered under School Care. 

The funds have been returned to the clients, the municipalities and school districts.

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