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Effective
July 1, 2004, the Teachers' Dental Plan approved the option
of assignment. Teachers now have the option to have the
benefit from a dental claim directed to the dental office
instead of a reimbursement to the teacher. |
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At
June 30, 2005, the unfunded liability in the Teachers'
Superannuation Plan is estimated to be $3.246 billion. |
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| * |
At
June 30, 2006, there are 3,124 teachers who are active
members of this pension plan. |
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| * |
At
June 30, 2005, there are approximately 10,446 people receiving
a pension from the Commission. All but 104 have their
funds direct deposited. |
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| * |
The
Plan's oldest superannuate was born on November 2, 1900. |
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The
Plan's oldest survivor was born on January 16, 1901. |
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The
youngest member receiving an allowance from the Plan was
born on August 16, 1952. |
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The
youngest survivor of the Plan was born on September 10,
1961. |
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At
June 30, 2006, 18,923 teachers participate in the Teachers'
Group Life Insurance Plan with a total of $2.4 billion
of insurance in force. |
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Interesting
Facts:
