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MRTA Member Benefits:
2010 Membership Brochure
Insurance Benefits and Discount Plans Arranged by Forrest T. Jones &
Company.
 MRTA
members can receive big discounts at
Drury
Hotels,
where the Extras Aren't Extra! Guests can enjoy FREE HOT! QUIKSTART®
Breakfast, FREE evening beverages daily, FREE long distance calls, FREE wireless
high-speed Internet access and much more! 120 locations throughout 19 states
makes Drury Hotels a great choice for hotel accommodations. Members of MRTA are
eligible for discounted room rates at
Drury Hotels! Here's how:
1. Click here to make reservations at
Drury
Hotels.
2. In the Dates section, select your dates of stay.
3. In the Location section, select your hotel location of interest.
4. In the Room Information section, select the number of rooms and number
of adults per room. Optional - you are welcome to specify your room, bed and
smoking preferences.
5. Please leave the Group Number, Promotion Code and Travel Agency fields
blank. These questions do not apply to MRTA members.
*Please note, discounted room rates are only available
when making reservations online and subject to availability.
Long Term Care Insurance: Contact Mark Iglehart with
Forrest T. Jones at
1-800-821-7303 or email him at
Miglehart@ftj.com
for MRTA discounts.
Medicare Supplement:
Contact Florence Holmes with
Forrest T. Jones at 1-800-892-7272 or email her at
Fholmes@ftj.com
for MRTA discounts.
MRTA maintains and improves your retirement benefits thanks to the MRTA
Legislative Committee's attendance, proposals and lobbying efforts at State and
Federal levels for passage benefits which will improve your quality of living!
MRTA works closely with the Public School Retirement System along with the
state legislature regarding your pension. We are your watchdog!
Recent MRTA Retirement Accomplishments:
Teacher Retirees:
 Thanks
to MRTA all retired educators are now exempt from MO state income taxes
up to $32,500 per year - same as Social Security Retirees HB 444 (2007).
Six year phase in, 2007: 20%; 2008: 35%; 2009: 50%; 2010: 65%; 2011:
80%; 2012: 100%- Annual Cola Increases Since 1975
- 8.7% Annual Across-The-Board
Increase for Retirees & Beneficiaries(1998)
- A Monthly Increase Of $5 Times the Number of Creditable Years of Service
(1999)
- $5000 Death Benefit (1999)
- 3.5% Across-The-Board Increase for
Retirees and Beneficiaries (2000)
- Lifetime COLA Increase to 80% (2000)
- A Monthly Increase of $3 Times the
Number of Creditable Years of Service (2000)
- Working to Eliminate Social Security
Government Pension Offset (GPO) and Windfall Elimination Provision (WEP)
(2002)
- Work After Retirement (W.A.R.)
Option (2003)
- Partial Lump Sum Option (PLSO)
(2003)
Non-Teacher Retirees:
- Thanks
to MRTA all retired educators are now exempt from MO state income taxes
up to $32,500 per year - same as Social Security Retirees HB 444 (2007).
Six year phase in, 2007: 20%; 2008: 35%; 2009: 50%; 2010: 65%; 2011:
80%; 2012: 100%
- Annual COLA Increases
- Lifetime COLA Increased to 75%
(1998)
- Adjustable/Level Income Option
(1998)
- 7.4% Across-The-Board Increases
(1999)
- Increased Multiplier to 1.45 (1999)
- 3.4% Increase Across-The-Board for
Retirees (2000)
- Multiplier to 1.51% (2000)
- Three-Year Final Average Salary
(2000)
- Rule of 80 (2000)
- Increase Level Income Option .4%
until 62 (2000)
- 7.1% Increase Across-The-Board for
Retirees (2001)
- Lifetime Cola Increase to 80% (2001)
- Work After Retirement (W.A.R.)
Option (2003)
- Partial Lump Sum Option (P.L.S.O.)
(2003)
- MRTA Advocated name change of NTRS to
PEERS (Public Education Employees Retirement System) HB 443 (2005)
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