1. It allows you visibly to continue your support of the teaching profession.

    

2. It allows you to show your belief in and support for public education by continuing to work with your professional association in constructive and collaborative ways.

    

3. It allows you to volunteer some of your time toward educational projects and activities which in the past you were to busy to give.

    

4. It provides you with many special benefits such as discount and travel programs, and allows you to participate in many informational and pleasurable activities with other colleagues who share similar interests and concerns.

Do you know retired teachers in Lake County who were members of LCEA at the time they retired and who might be interested in joining our LCEA Retired Members Council? If so, call the LCEA office and ask us to send these individuals an invitation to join our group. If you know the potential members personally, talk to them and encourage them to join. These individuals are also welcome to call the LCEA office (787-2050) and request a membership application card. Dues are $35.00 per year (dues year is August through July).

Wednesday, January 10, 2001 
Monday, March 5, 2001
Monday, May 7, 2001
Monday, October 8, 2001

Do you know that there are penalties in force at the present time that will make inroads in your Social Security benefits?

The amount of money you earn in work related income above the limits set by law can result in the loss of some or all your Social Security benefits. In 1999:

 

• If you are 62+, but not yet 65, you may earn up to $9,600 and continue to receive full Social Security benefits.

   

• If you are 65+, but not yet 70, you may earn up to $15,500 and not put your Social Security benefits in jeopardy.

 

• If you belong to the "62 and not yet 65 set," you will lose $1.00 of your benefits for every $2.00 earned above the limit.

   

• If you are 65+, but not yet 70, you will lose $1.00 for every $3.00 earned above the limit.

   

• For one of the few times in your life, being 70+ won't be a deficit! You can earn as much as you'd like. No penalties!

If you are of Social Security benefit age and you plan to go back to work, be cognizant of these factors. If you earn a lot more than the limits set by the Social Security law, you might reduce your benefits to zero. You might even contribute so much to Social Security the second time around you will raise your benefit from what it was initially.