April 5, 2016 - Executive Director Update: ATRS Retirement and T-DROP Planner 2016
Soon even more flowers will be blooming, the smell of wild honeysuckle will be a welcomed fragrance, poke salad is now a week away from skillets, dewberries will begin to ripen, and some of us will listen at dusk to the wistful call of the returning whippoorwill. This is also the time that ATRS looks forward to each and every year, but for a better reason! The most wonderful time of the year at ATRS is always retirement season. For some, this is the season to retire and for others to move from being an active member to T-DROP participant. It is an honor and great privilege to help members cross the finish line into retirement and T-DROP. We understand the retirement applicants' tears of joy and sometimes the tears of sadness that may flow together as retirement moves from a dream into a reality. Always remember that every ATRS retiree always receives a lifetime monthly retirement benefit!
The goal of the ATRS Board and ATRS staff is to help in every way possible to make this special journey into retirement and T-DROP a happy and pleasant experience for you! We are here for one reason, to serve you. If this is the year that you plan to retire or enter T-DROP, please know that we look forward to helping you and always trying to serve you with a smile. If you are uncertain if this is the year for retirement or T-DROP, then the ATRS staff also welcomes you to get counseling and estimates to see on a comparative basis how staying a little longer may help build your retirement. One suggestion in the attachments is for you to pause and reflect if you are considering retiring but remain uncertain. Feel free to call me directly at (501) 682-1820 if that uncertainty is nagging at you.
ATRS has attached a T-DROP FAQs, a Retirement FAQs, and a 2016 Retirement Planner that provides important information about retirement and ATRS benefits generally. You are also receiving an attachment that is a copy of the notice that ATRS sends to ATRS employers about retirement. If you are considering T-DROP or retirement after this school year is over, you will find that the information in these documents addresses most of the frequently asked questions about benefits and retirement. May 31st is the deadline to file an application to be a July 1st retiree or a 2016 T-DROP participant.
ATRS Employers: Please forward this executive director update email to all employees. ATRS wants to get this planner to as many ATRS members as possible.
ATRS is anticipating that the combined total of retirement and T-DROP applications will be in excess of 3,500 applications. If you are considering retiring or entering T-DROP in 2016, then ATRS is here to help you with the process and make it as easy as possible. Starting early can help get you through the process more smoothly. ATRS thanks you for your dedicated service to the schools and children of Arkansas. ATRS is now ready to help you on your retirement path, just as you have helped the children of Arkansas on their educational path during your career in public education.
You can sign up to obtain these executive director updates through your private email address. Updates are made throughout the year such as at retirement season and other times when information should to be shared. Now, over 11,000 people have signed up to receive this executive director update and other ATRS information by email. You can find the link to register for email delivery to these updates here: https://www.artrs.gov/login.
You can also get helpful ATRS information on the ATRS Facebook page under the name of Arkansas Teacher Retirement System. Over 2,700 Facebook users get updates via the ATRS Facebook page. Go to the Facebook page and "like" ATRS to get daily updates. I try to go to the Facebook page every day to post information and answer member questions about ATRS. In addition, if you use Twitter, you can join over 750 others by following events at ATRS and issues of interest on the ATRS Twitter page. Remember that ATRS is here to serve you!
Respectfully,
George Hopkins
Click on the following document(s) for more information:
4. T-DROP FAQs
June 12, 2015 - Executive Director Update: The Wonderful Arkansas 529 College Savings Plan!
The ATRS executive director serves on the Arkansas 529 Committee to provide and promote savings for college and post-secondary education in Arkansas through the GIFT Arkansas 529 College Investment Plan. The program is coordinated by Arkansas State Treasurer. Currently, there are over 18,000 Arkansas-resident GIFT Arkansas 529 accounts with over $220 million total savings for college, vocational and trade school, and the Arkansas 529 Committee wants to do even more for greater savings.
Beth Anne Rankin, the new Executive Director of the GIFT Arkansas 529 College Investment Plan, now very effectively coordinates the 529 program in Arkansas. She is doing an excellent job promoting the program and since January has already visited all 75 counties in the state promoting the 529 program.
An opportunity exists between now and July 31, 2015, for a person from each county in Arkansas to not only participate in the 529 program on behalf of worthy students, but to also receive an extra $529 in the 529 account through a program developed by the Arkansas 529 Program and its operational and investment counselors to promote greater participation in the Arkansas 529 Plan.
Attached to this executive director update is information about the Arkansas 529 Program and the special incentive program to encourage new and additional contributions to 529 to help Arkansas children reach for the stars.
For additional information about the Arkansas 529 program and its benefits, Beth Anne Rankin is always easy to work with, and anxious to provide information. Below is her contact information.
Ms. Beth Anne Rankin
Executive Director
(501) 682-1406
BethAnne.Rankin@artreasury.gov
Respectfully,
George Hopkins
Click on the following document(s) for more information:
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