UPdate by Levone

VIEWS: 32 PAGES: 4

									                                                                                                      January 6, 2010


Read this if you’re on Plan 3!
This month, Teachers’ Retirement System Plan 3 (TRS 3)        Option E:        10% of pay at all ages.
members will be able to change their defined contribution
level if they choose to do so. Until several years ago, the   Option F:        15% of pay at all ages.
original choice a teacher made at the onset of the plan was
irrevocable unless he/she changed school districts.           To determine what your current investment rate is,
                                                              simply follow these steps:
This is particularly good news for teachers who made an
original rate decision that is no longer the best one for     1.      Find a recent paycheck and a calculator.
them.                                                         2.      Locate the section of your check marked
                                                                      “Deductions.”
Plan 3 is made up of two parts---a defined benefit portion    3.      Find the amount listed under “TRS Plan 3.”
and a defined contribution portion. In the defined benefit    4.      Find your gross pay, which is listed towards
portion, the employer contributes an amount calculated                the top right-hand corner of your check under
by DRS that will ensure you receive a set pension based               “Gross Pay.”
on a formula at retirement (1% x years of service x           5.      Divide the amount listed under “TRS Plan 3”
average earnings from your 5 highest consecutive                      by the amount under “Gross Pay.”
years).                                                       6.      Move the decimal point two places to the right
                                                                      to find the percentage of your salary you’re
In the defined contribution portion, the employee selects             contributing towards your TRS 3 plan.
a percentage of his/her salary to go into an investment
program of his/her choice. How well these investments         If you’re satisfied with this percentage and want to
do determines how much of a retirement benefit the            keep it as is, you don’t need to do anything further.
employee will receive under this part of the retirement       The IRS may rule against the ability to change
plan.                                                         contribution levels, however, so it’s possible this could
                                                              be the last chance you’ll have to modify your plan
From now until January 31, 2010, you can change the           without having to change school districts to do so.
percentage of your salary that you want to invest in the
defined contribution portion of your retirement plan.         If you want to change the percentage you’re contributing,
Here are the six choices available to you:                    you can do so by simply filling out a change form and
                                                              turning it in to Payroll by January 31, 2010. Forms are
Option A:        5% of pay at all ages.                       available at this site.

Option B:        5% of pay until age 35,                      For more information on TRS 3 investment options,
                 6% of pay from age 35 - 44, and              visit the Department of Retirement Systems’ website
                 7.5% of pay at age 45 and above.             at www.drs.wa.gov or call 1-800-547-6657.

Option C:        6% of pay until age 35,
                 7.5% of pay from age 35 - 44, and
                 8.5% of pay at age 45 and above.

Option D:        7% of pay at all ages.
    40 LWSD teachers achieve National Board Certification
Congratulations to the LWSD teachers who recently achieved National Board for Professional Teaching Standards
certification. The recipients are:

                Staci Allen, Juanita Preschool                     Timothy Magdziarz, JHS
                Lynn Armstrong, Parks                              Mary Marsh, RHS
                Kathryn Badger, RHS                                Elise Meilleur, EHS
                Kristi Beaver, Rockwell                            Melissa Newberry, Audubon
                Emily Borden, EHS                                  Catherine Nishimura, Wilder
                Peter Bottman, JHS                                 Vincent Noto, Northstar
                Kelly Cameron, Carson                              Miok Oh, Rush
                Angela Cavelero, Parks                             Doris Reeves, Twain
                June Evanson, Inglewood                            Wendy Robards, Evergreen
                Elizabeth Feldsher, Kirk                           David Roderick, Redmond Jr
                Tricia Goodleaf, Sandburg                          Christopher Rose, RHS
                Monica Greenberg, Smith                            Barbara Roy, Sandburg
                Erik Hanson, Inglewood                             Jessica Shelley, Franklin
                Robert Herold, Northstar                           Melia Sims, Inglewood
                Kendall Howden, Franklin                           Richard Snyder, Inglewood
                Lee Ann Jackson, Parks                             Nancy Sullivan, ICS
                Jill Johnson, Finn Hill                            Rachel Teigen Brackett, Lakeview
                Leslie Kelley, Twain                               Linda Thompson, EHS
                Heidi Keppler, Lakeview                            Deanna Vega, Franklin
                Denise Lemieux, Twain                              Kristin Wobker, Franklin

National Board Certification is the highest credential in the teaching profession. A voluntary process established by
the National Board for Professional Teaching Standards (NBPTS), certification is achieved through a rigorous
performance-based assessment that takes between one and three years to complete. The process measures what
accomplished teachers and school counselors should know and are able to do.

Teachers who achieve National Board Certification receive a $5,000 annual bonus from the state each year for the life
of the 10-year certificate. After ten years, teachers can go through a renewal process, which will make them eligible to
continue to receive the annual bonus.

In addition, holding a valid NBPTS certificate satisfies the ongoing 150 clock hour requirement for the life of the
certificate, or the requirements of the Washington State Professional Certificate, whichever is applicable.



   LWEA Executive Committee                                                www.lakewashingtonea.org
      President - Kevin Teeley            Junior High Rep – Victoria McCarter                   LWEA Office
      LWEA / 425 822-3388                 Kamiakin / 425 823-6750                         10604 NE 38th Pl, Suite 212
      kteeley@lwsd.org
                                          Senior High Rep – David McGibney                     Kirkland, 98033
                                          EHS / 425-836-6600                                    425 822-3388
      Vice President - Mike Blodgett
      Kirkland / 425 936-2420             Special Services Rep – Colleen McAlerney      UniServ Rep: Caroline McDowell
                                          Rush / 425 881-6047                            cmcdowell@washingtonea.org
      Primary Rep – Ken Egawa
      Blackwell / 425 836-7300            Specialist Rep – Jim Eaton                    Admin Assistant: Sheila Hagerman
                                          Resource Ctr / 425 702-3363                        shhagerman@lwsd.org
      Intermediate Rep - Peggy Solum
                                          Ethnic Minority Rep – Ernest Young            Admin Assistant: Ila Rhea Morrow
      Frost / 425 821-8238
                                          Kamiakin / 425-823-6750
                                                                                               imorrow@lwsd.org
Interested in National
Board Certification?                                       Deduct your dues
If you’ve been thinking that you would like to know        Did you know that you can deduct most of your
more about National Board Certification, you might         association dues from your income tax? The dues
want to attend one of the upcoming informational           deduction amount for teachers is as follows:
meetings. The meetings will take place at the
Resource Center on January 7 (4-5 PM), February 18
(4:30-5:30 PM), or March 11 (4-5 PM). You can get                   .76-1.0 FTE             $936.88
additional information on National Board Certification
by visiting the National Board for Professional                     .51-.75 FTE             $804.78
Teaching Standards website or by calling 1-800-
22TEACH.                                                            .26-.50 FTE             $479.48

                                                                    .10-.25 FTE             $319.80



Understanding your auto
                                                           Please remember that your 2009 dues for income tax
                                                           purposes includes 8 months at the 2008-09 dues rate and
insurance
                                                           4 months at the 2009-10 dues rate. If you have changed
                                                           FTE from last year, keep in mind that your dues will be
                                                           different – you will need assistance in determining the
Insurance can be confusing and in these financial          correct dues amount. If you have any questions, please
times, it’s important that we not only protect our         contact Sheila Hagerman in the LWEA office.
financial security, but also don’t pay too much for
coverage that is unnecessary.


                                                           Did you know?
Take the opportunity to sit down with an auto
insurance expert – spend 30 minutes of your time at
an informational session on January 26 to make sure
that you’re appropriately covered. We’ll meet in the       The state funds only a portion of the costs to transport
LWEA office at 4:30 PM. Bring a copy of your               students to and from school? Levy funds are used to
insurance policy. Please contact Sheila Hagerman if        cover the remainder of these expenses.
you are interested in attending.




Is it in the contract?                                                        Calendar
                                                              Jan. 11               School Board Meeting
Jury Duty (Section 19.14.3): When any teacher is
called for jury duty or is subpoenaed as a witness in a       Jan. 12               Executive Committee
court proceeding, they will continue to be paid at their
normal rate of pay. Any money that is paid for                Jan. 18               ML King Jr Day – No School
mileage or service is kept by the employee.
                                                                        Next Rep Assembly – Jan. 19
When you receive a jury summons or subpoena, you
should contact your administrator right away. In
addition, you should enter the absence in the system
as well as give a copy of the summons or subpoena                       Happy New Year!
to your office manager for payroll purposes.
FOR RENT                                                  SERVICES

Downtown Kirkland waterfront condo, 1 bedroom, 1          Home improvements, repairs, remodels: skilled
bath,private deck overlooking lake, laundry on-site,      carpenter/handyman, specializing in trim, crown, doors,
secured bldg. Fully furnished available. Boat moorage.    windows, siding, decks, wall repair, bath & kitchen
Walk to downtown, easy access to freeways. No pets.       remodels. Pics & references available. Free estimates.
$1,280/mth. Mindy Gordon (Kirk) 509-679-0352 or           Get home ready for winter. Affordable, high quality,
piromindy@hotmail.com.                                    licensed. NW by NE Carpentry Services at 425-691-
                                                          7000 or nwbyne@comcast.net. (Kathy Kier, RC).
Fremont condo, 3 bedroom, 1.5 bath, 2-story. Recently
remodeled, fresh & clean. Granite counters, stainless     Home remodels & repairs: bathroom & kitchen
appliances, W/D in unit, new carpet & paint. Fireplace,   remodels, trim, crown & doors, precise tile setting,
storage, 2-car parking spot, small garden w/ patio.       interior & exterior painting, changing outdated
Near Burke Gilman train & bus line. Pictures available.   hardware, large & small repairs. Background at
$1,850/mth. Ruth Odell (Blackwell) 425-868-3635.          Montgomery Homes, Inc - multi-million dollar homes
                                                          – quality workmanship – fair prices. Experienced,
WANTED                                                    licensed, bonded, insured. Pictures & references
                                                          available. Call Ryan at RH Renovations, 206-954-
Want to make a difference? Spend spring break             0311. (Jennifer Harris, RHS).
experiencing Viet Nam & supporting humanitarian
efforts w/ local non-profit organization. For more info   Hit Man – Eastside problem tree specialist: Get 3 bids
about this Humani Tour, contact Son Michael at 425-       & call me last. I’ll beat your best by 25% & do more.
836-5354 or smp@kidswithnoborders.org. (Judy              Licensed & insured. Mike Green (Transportation) 425-
Pham, Alcott).                                            533-6470(c) or 425-216-3017(h).

Job share partner for 2010-11 school year. Any            Expecting a baby in 2010? Keri Meyers Photography in
grade level okay. Julie Stuht (Frost) 206-719-8769.       now scheduling newborns due in 2010. Space is
                                                          limited – please book in advance before baby arrives.
VACATIONS                                                 Contact Keri at keri.meyers@hotmail.com to schedule
                                                          your session. (Susan Brockert, RC).
Maui for a full week – spring break: 8 days/7 nights
(Sat-Sat) on relaxing Maui. Full refrigerator, cooking    Remodel, additions, & new construction: specializes
facilities, comfortable queen-size bed, AC. View of 3     in kitchens, bath, decks, siding & more. 30 yrs
other islands from lanai, 10 steps to the ocean, see      experience. Licensed/bonded – RICKTC196QA.
whales and sea turtles w/out binoculars. Michael          Rick Tachell Construction at 425-823-5046. (Janine
Chapin (McAuliffe, Carson, Evergreen, ICS) 425-           Tachell, Frost).
885-7346.
                                                          Computer problems? Let me help you – at less than
FOR SALE                                                  the price of the “big box” stores. Software installs/
                                                          updates, virus/spyware/malware removal, data
Riverfront lot in Plain, just listed. Was $299K, now      recovery, back up of your important files, computer
bank owned at $229K. Shy acre w/ small cabin, 206’ of     upgrades, wireless networking, game console
pristine low bank waterfront. Call me, broker at Lake     setup/networking, general computer repairs, new
Wenatchee Realty, 1-888-373-3875. (Mark Lindstrom         computer setup. If I can’t fix it – it’s free. Free pickup &
(Substitute) lakewen@verizon.net.                         delivery in greater Seattle/Eastside area. Fast, friendly.
                                                          Call for pricing, Chris at 425-320-1397. (Sheila
                                                          Hagerman, LWEA).




         Pending available space, ads are run in the Update on a first come, first served basis.
   Ads are accepted only in written form – send directly to Sheila Hagerman – shhagerman@lwsd.org.
        Ads are subject to approval by the Executive Committee and may be edited for length.

								
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