NJREA is dedicated to improving the quality of life for retired educational personnel by providing interesting and informational programs and social situations for NJREA members; by working with NJEA & NEA organizing for the common good, to pass beneficial state and federal legislation, and get friends of the educational community elected; by providing a wide variety of member services; and by keeping members informed about health insurance and pensions.
Understanding the PERS crisis
Last December, the Moody’s Investors Service issued a notice which outlined the possible depletion of the Teachers’ Pension and Annuity Fund (TPAF) and the Public Employees’ Retirement System (PERS) should the pension crisis not reach resolution. While the projected TPAF fund depletion date of 2027 has been much talked about these last few weeks, the projected date of the PERS fund being depleted by 2024 understandably has many concerned. However, this date does not apply to NJEA/NJREA members because it is not the portion of the fund to which our members belong. Learn more
Advocacy in bloom at annual meeting
Retired members from across the state traveled to the Scottish Rite Central Valley in Bordentown on April 23 for the annual Spring Luncheon. Eager to learn more about the pension crisis and what retirees can do to help, NJREA members again packed the room. Learn more
PLEASE NOTE: The phone number and conference code for Resorts Casino Hotel were printed incorrectly in the NJREA Newsletter - please click through to full article for correct information.
A sure bet
It’s that time of year again! Mark your calendars for Nov. 4 and 5 and plan to attend the 2015 NJREA Convention. Each year, hundreds of NJREA members converge on Atlantic City to attend this member-exclusive event. They know the NJREA Convention is a sure-fire way to discover ways in which retirees can remain informed, stay active, and stand united in the face of whatever comes their way. Learn more
Calling all education advocates
Are you concerned about what is happening to public education and its employees? Want to find out what’s being done to solve the pension crisis and learn how you can help? Then mark your calendars and join NJREA for its annual Fall Meeting on Thursday, September 24. Learn more
NJREA election results are in!
In mid-April, all NJREA members received ballots in the mail to elect NJREA officers, candidates for the NJEA Delegate Assembly, and delegates to NEA-R/NEA-RA conventions – all for two-year terms. Please sign in to see the full election results. NJREA elects new secretary
What NJEA/NJREA members need to know about funding the pension systems
NJEA/NJREA members have been hearing a lot about funding problems in the state pension systems. That's why we all need to join forces to insist on full state funding of our pensions. Learn more
Court’s co-pay ruling applies only to state retirees
In June 2011, when P.L. 2011, Chapter 78 was signed by Governor Christie, the School Employees’ Health Benefits Plan (SEHBP) and State Health Benefits Plan (SHBP) Design Committees were given the authority to develop health and prescription plans. These Design Committees (SEHBPDC and SHBPDC, respectively) are comprised of equal representatives from labor unions and the governor’s appointees, with decisions made by a majority rule. Because the SHBPDC has not been able to reach an agreement on retiree prescription co-pays since 2013, the Division of Pensions and Benefits unilaterally increased the co-pay amount. Learn more