With the ongoing challenges of the Covid pandemic continuing, it appears that many Nassau and Suffolk County public school administrators are contemplating the next phases of their lives. In response CAS sponsored two retirement workshops in November at the Marriott Melville Hotel entitled “Will I be Ready and Able to Retire as Planned?” Both focused on Financial Literacy and Retirement Planning. Andrew Buttelman, along with guest speaker David Daly provided CAS members present with valuable information about their New York State Teachers Retirement System (NYSTRS) pension benefits, long-term financial planning, and Social Security. David Daly is a well-respected expert on the NYS pension system who for many years was the New York Teachers Retirement system spokesperson and the Coordinator of Pre-Retirement Planning services.
Topics discussed included choosing a retirement option, understanding your in-service death benefit, prior service and out of state service, unused sick days, employer-sponsored non-elective and elective 403(B) plans, understanding all pension tiers, and member benefit calculations. The program ran from 5:00 p.m. until 7:00 p.m. with refreshments served and many members remaining afterward to ask Andrew and David individual questions.
CAS will continue to sponsor Financial Literacy workshops for our members focused on Retirement, College Planning, Social Security, and tax shelter programs commonly offered by school districts to administrative employees such as the Roth IRA, various 403(B) and 457 plans.
In response to member requests, we will offer a similar virtual retirement workshop on Wednesday, January 12, 2022.
Members who wish to find out more about college or retirement planning may contact Andrew Buttelman directly at:
Andrew Buttelman, Certified Retirement Counselor
640 Johnson Avenue, Suite 204
Bohemia, NY 11716
Office: (631) 244-8201; Cell: (631) 235-4932