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C O N N E CT I C UT
TEACHERS'
RET I R E M E N T
SYSTEM
1919
TEACHERS’ RETIREMENT BOARD
CHARLES D HINE
Chairman
BURTON MANSFIELD
Insurance Commissioner
EVERETT J STURGES
Bank Commissioner
HORACE D TAFT
Term expires July 1 1921
CHARLES L AMES
Term expires July I 1923
EDWARD S eBOYD
. Secretary
CONNECTICUT TEACHERS’ RETIREMENT
SYSTEM
Chapter 57, General Statutes 1918
Chapters 61, 83, 261, 270 and 318, Public Acts 1919
DEFINITIONS
SECTION I The following words and phrases as used, unless G s sec 1015
a different meaning is plainly required by the context, shall have
the following meanings: “Retirement system ’’ shall mean the
arrangement provided in this act for payment of annuities and
pensions to teachers; “annuities " shall mean payments for life
derived from contributions from teachers; “pensions ° shall
mean payments for life derived from contributions from the
state; “teacher ” shall mean any teacher, principal, supervisor
or superintendent engaged in the service of the public schools;
“public school ’’ shall mean any day school conducted within
this state under the orders and superintendence of a duly elected
School committee or board of education, including the state board
of education; “regular interest” shall mean interest, at the rate
determined by the retirement board, and shall be substantially
that which is earned by the funds of the retirement association
compounded annually on the last day of December of each year;
“ retirement board ” shall mean the teachers’ retirement board,
as provided for in section four ; “retirement association ” shall
mean the teachers’ retirement association, as provided for in
section three; “expense fund * shall mean the fund provided
for in paragraph numbered one in section four; “annuity fund ’’
shall mean the fund provided for in paragraph numbered two in
section four; “pension fund * shall mean the fund provided for
in paragraph numbered three in section four; “ school year ”
shall mean the twelve months from and including the first day of
July of any year to and including the thirtieth day of June next
succeeding ; “assessments * shall mean the annual payments to
the annuity fund by members of the association.
MEMBERSHIP
SEC 2 A teachers’ retirement association shall be organized G s sec 1016
among the teachers in the public schools as follows: All "9"P”
teachers, except as hereinafter provided, who enter the service
of the public schools for the first time on or after July 1, 1917,
shall become thereby members of the association. Any teacher,
who shall have entered the service of the public schools before
June 30, 1917, may at any time on or before September 30, 1917,
upon application in writing to the secretary of the retirement
association, become a member of the association. Any such
G S Sec 1017
6
teacher failing to do so may thereafter become a member of the
retirement association by paying an amount equal to the total
assessments, with regular interest thereon, that he would have
paid if he had joined the retirement association on September
30, 1917. Any teacher who shall have attained the age of sixty-
five years and shall have taught at least forty years in the public
schools, twenty-five of which shall have been in this state, and
who, prior to June 30, 1917, shall have retired from active teach-
ing because of physical incapacity for further service, may, at
the discretion of the retirement board, become a member of the
retirement association. Such retired teachers shall thereupon be
entitled to receive an annual pension so long as he shall live, at
the rate to which he would be entitled had he become a member
of said association as an active teacher on September 30, 1917,
provided no pension paid such retired teacher shall amount to
less than three hundred nor more than five hundred dollars per
year.
MANAGEMENT
SEC 3 The management of the retirement system is vested
in the teachers’ retirement board which shall consist of five mem-
bers. The insurance commissioner for the state, the bank com-
missioner for the state and the secretary of the state board of
education shall be members of this board. Two persons from
the teaching force of the state, one to serve until July 1, 1919,
and one to serve until July 1, 1921, shall be members of this
board. On or before June 15, 1919, and biennially thereafter,
the members of the retirement association shall elect from their
number, in a manner to be prescribed by the retirement board,
one person to serve upon the retirement board for a term of four
years beginning July first, following his election. If a vacancy
occur in the positions filled by members of the retirement associa-
tion, the retirement board shall elect a member of the retirement
association to fill the unexpired term. The members of the re-
tirement board shall serve without compensation, but they shall
be reimbursed from the expense fund of the retirement associa-
tion for any expenditures or loss of salary or wages which they
may incur through service on this board. All claims for re-
imbursement on this account shall be subject to the approval of
the board of control. The retirement board shall have power to
make by-laws and regulations not inconsistent with the provi-
sions of this act; and to employ a Secretary, who shall give a
surety bond in such amount as the board shall approve, and
clerical and other assistance as may be necessary. The salaries
shall be paid by the board with the approval of the board of con-
trol. The retirement board shall provide for the payment of
retirement allowances and such other expenditures as are re-
quired by the provisions of this chapter. The retirement board
7
shall adopt for the retirement system one or more mortality
tables, and may, from time to time, modify such tables or pre-
scribe other tables to represent more accurately the expense of
the retirement system. The retirement board shall perform such
other functions as are required for the execution of the pro-
visions of this chapter.
FUNDS
SEC 4 The funds of the retirement system shall consist of an G. S Sec 1018
expense fund, an annuity fund and a pension fund. (I) The
expense fund shall consist of such amounts as shall be appro-
priated by the general assembly from year to year on estimates
submitted by the retirement board to defray the expenses of the
administration of this chapter, exclusive of the payment of retire-
ment allowances. (2) The annuity fund shall consist of assess-
ments paid by members of the retirement association, and in-
terest derived from investments of the annuity fund. Each
member of the retirement association shall pay into the annuity
fund in the manner provided in section eight, five per centum of
his annual salary; provided, when the total sum of assessments
on the salary of any member at the rate of five per centum would
amount to more than one hundred dollars or less than twenty-
five dollars for any school year such member, shall in lieu of
assessments at the regular rate, be assessed one hundred dollars
a year or twenty-five dollars a year, as the case may be, payable
in equal installments to be assessed for the number of months
during which the schools of the community in which such mem-
ber is employed are commonly in session. Any member of the
retirement association who shall for thirty years have paid reg-
ular assessments to the annuity fund as herein provided, shall be
exempt from further assessments; but such member may there-
after if he so elects, continue to pay his assessments to the fund.
No member so electing shall pay further assessments after the
total sum of assessments paid by him shall at any time have
amounted with regular interest, to a sum sufficient to purchase
an annuity of five hundred dollars at age sixty; and interest
thereafter accumulating shall be paid to the member at the time
of his retirement. (3) The pension fund shall consist of such
amounts as shall be appropriated by the general assembly from
time to time on estimates submitted by the retirement board, for
the purpose of paying the pensions provided for in this chapter.
QUALIFICATIONS FOR RETIREMENT
SEC 5 Any member of the retirement association may re-gs §: ;
tire from service in the public schools on attaining the age of ..."; *
sixty years or on the completion of thirty-five years of service,
not less than twenty of which shall have been in the public schools
Retirement
Allowances
8
of this state not less than five of which shall immediately precede
retirement. Any member of the retirement association, if incapa-
ble of rendering satisfactory service as a teacher, may, with the
approval of the retirement board, be retired by the employing
school board on attaining the age of fifty-five years, or at any time
thereafter. Any member of the retirement association on attain-
ing the age of seventy years, shall be retired from service in the
public schools; provided, if the employing committee shall so
request in writing, the retirement board may permit the employ-
ment of such member beyond the age of seventy years, and on
the retirement of such member he shall receive from the state
the pension to which he would have been entitled at the age of
seventy. A member of the retirement association after his re-
tirement under the provisions of this section shall be entitled
to receive from the annuity fund, as he shall elect at the time of
his retirement, on the basis of tables adopted by the retirement
board; an annuity, payable in monthly payments, to which the
sum of his assessments under the provisions of section 4, with
regular interest thereon, shall entitle him; or an annuity of less
amount as determined by the retirement board for the annuitants
electing such option payable in monthly payments, with the provi-
sion that on the death of the annuitant, the annuity shall be con-
tinued to and throughout the life of such person as he shall
nominate by written designation duly acknowledged and filed
with the retirement board at the time of his retirement. The
retirement board may offer benefits of equal value with the bene-
fits herein provided and the contributor retiring may accept the
benefits herein provided or one of said alternate benefits in lieu
thereof. Any person receiving payments of an annuity as pro-
vided in this section shall receive with each monthly payment of
his annuity an equal amount to be paid from the pension fund
as directed by the retirement board. Any teacher who shall
have become a member of the retirement association under the
provisions of section 2, and who shall have served fifteen years
or more in the public schools of the state, not less than five of
which shall immediately precede retirement, shall, on retiring
or being retired as provided in this section, be entitled to receive
a retirement allowance as follows: Such annuity and pension
as may be due under the provisions of this section; an additional
pension to such an amount that the sum of this additional pen-
sion and the pension hereinbefore provided in this section
shall equal the pension to which he would have been entitled
under the provisions of this act if he had paid thirty assess-
ments on his average yearly wage for the five years preced-
ing his retirement, with interest thereon at three per centum
compounded annually; provided if his term of service in the
state shall have been over thirty years, the thirty assessments
shall be reckoned as having begun at the time of his entering
9
service and as drawing interest at three per centum compounded
annually until the time of his retirement; and further provided,
if the sum of such additional pension, with the annuity and
pension provided for by this section, is less than three hundred
dollars in any one year, an additional sum sufficient to make an
annual retirement allowance of three hundred dollars shall
be paid from the pension fund. If at any time it is impossible
or impracticable to consult the original records as to wages
received by a member during any period, the retirement board
shall determine the pension to be paid under the provisions of
this section in accordance with such evidence as it may be able
to obtain.
WITHDRAw AL AND REFUNDS
SEC 6 Any member of the retirement association withdraw- G S Sec 1020
ing from service in the public schools before becoming eligible
to retirement shall be entitled to receive from the annuity fund
all amounts, contributed as assessments, with regular interest
thereon, in one sum or in four quarterly payments as the retire-
ment board may elect. If such withdrawal shall take place after
ten annual assessments have been paid, the member so with-
drawing may, if he shall so elect, receive the amount due him in
the form of such annuity for life, based on the contributions of
such member, with regular interest thereon as may be deter-
mined by the retirement board in accordance with its annuity
tables. If a member of the association withdrawing and receiv-
ing payments in accordance with the provisions of this section
shall die before the amount of such payments equals the amount
of his contributions to the annuity fund, with regular interest,
the difference between the amount of such payments and the
amount of his contributions, with regular interest, shall be paid
to the executor or administrator of his estate; if no demand shall
be made on the retirement board within six months next follow-
ing the death of such member for the payment of the sums due
under this section, such sums may be paid to such person or
persons as are entitled to the estate, and such payments shall
be a bar to recovery by any other persons. Any member of the
retirement association who shall have withdrawn from service
in the public schools, shall, on being re-employed in the public
schools, be reinstated in the retirement association in accordance
with such plans for reinstatement as the retirement board shall
adopt. If a member of the retirement association shall die be-
fore retirement, the full amount of his contributions to the
annuity fund, with regular interest to the day of his death, shall
be paid to the executor or administrator of his estate; if no de-
mand shall be made on the retirement board within six months
next following the death of such member for the payment of
the sums due under this section, such sums may then be paid to
such person or persons as are entitled to the estate, and such pay-
ment shall be a bar to recovery by any other person.
G S Sec 1021
G. S Sec 1022
10
FUNDS NOT AssIGNABLE
SEC 7 That portion of the salary or wages of a member de-
ducted or to be deducted under this act, the right of a member to
an annuity or pension and all his rights in the funds of the
retirement system shall be exempt from taxation, and from the
operation of any laws relating to bankruptcy or insolvency, and
shall not be attached or taken upon execution or other process of
any court. No assignment of any right in or to said funds shall
be valid. The funds of the retirement system, so far as the same
are invested in personal property, shall be exempt from taxation.
DUTIES OF EDUCATIONAL OFFICIALs
SEC 8 The school committee or board of education of each
town, city or district in the state shall, before employing in any
teaching position any person to whom this act may apply, notify
such person of his duties and obligations under this act as a con-
dition of his employment. On or before October first of each
year the school committee or board of education of each town,
city or district shall certify to the retirement board the names
and salaries of all teachers in its employ to whom this act shall
apply. The school committee or board of education of each
town, city or district in the state shall, on the first day of each
calendar month, notify the retirement board of the employment
of new teachers, removals, withdrawals and changes in salary of
teachers that shall have occurred during the month preceding.
Under the direction of the retirement board the school commit-
tee or board of education of each town, city and district in the
state shall furnish such other information as the board may
require relevant to the discharge of the duties of the board. The
school committee or board of education of each town, city and
district in the state shall, as directed by the retirement board,
deduct from the amount of the salary due each teacher employed
in the public schools of such town, city or district, such announts
as are due as contributions to the annuity fund as prescribed in
this chapter, shall send to the treasurer of said town, city or dis-
trict an order for the amount of such deductions drawn in favor
of the retirement board and shall send a statement of the amounts
deducted to the secretary of the retirement board. The school
committee or board of education of each town, city and district
in the state shall keep such records as the retirement board may
require. The secretary of the state board of education shall keep
such records and make such reports concerning teachers in its
employ as may be required by the retirement board and shall de-
duct monthly from salaries of such teachers the amounts due as
contributions to the annuity fund under the provisions of this
chapter.
11 &
CUSTODY, CARE AND ACCOUNTING OF THE FUNDS
SEC 9 The treasurer of each town, city or district in the GS Sec 1023
state shall transmit monthly to the secretary of the retirement
board the amount deducted from teachers’ salaries in such town,
city or district as specified in the order of the school committee
or board of education of such town, city or district in accord-
ance with the provisions of section eight. The secretary of
the state board of education shall transmit monthly to the
secretary of the retirement board the amount deducted from
teachers’ salaries under the provisions of this chapter. The sec-
retary of the retirement board shall monthly pay to the treas-
urer of the state all sums collected by him under the pro-
visions of this section. All funds of the retirement system shall
be in custody and charge of the treasurer of the state and the
treasurer shall invest such funds as are not required for current
disbursements in accordance with the laws of the state govern-
ing the investment of saving bank funds. He may, whenever
he sells securities, deliver the securities so sold upon receiving
the proceeds thereof, and may execute any document necessary
to transfer the title thereto. The treasurer of the state shall
make such payments to members of the retirement association
from the annuity fund and pension fund as the retirement board
shall order to be paid in accordance with sections five and six of
this chapter. On or before the third Wednesday in January, the
treasurer of the state shall file with the insurance commissioner
for the state, and with the secretary of the retirement board, a
sworn statement exhibiting the financial condition of the retire-
ment system on the thirty-first day of the preceding December
and its financial transactions for the year ending at such date.
Such statements shall be in the form prescribed by the retire-
ment board and approved by the insurance commissioner.
PENSION RESERVE FUND
SEC Io The comptroller is directed to draw orders on the 1919 Chap 318
treasurer for the payment of such moneys as may be certified
by the teachers’ retirement board as necessary according to the
mortality tables adopted by the board for the payment of pen-
sions allowed to retired teachers. Such moneys shall be held in
a reserve fund, invested and controlled in the same manner as
the annuity fund of the retirement system and used for the pay-
ment of pensions.
CERTAIN Towns ExEMPTED AND REIMBURSED
SEC II If the school committee or board of education of G s sec 1024
any town or city, or any town or city having in effect at the time * * *
of the passage of this act, a pension system for teachers’ or a
teachers’ retirement system, constituted by act of the general
1919 Chap 83
1919 Chap 170
1919 Special
Acts 222 and
239
Par A
Par B
12
assembly, shall, on or before September 30, 1919, by written
application filed with the retirement board, request the exemp-
tion of such town or city from the provisions of this act, such
town or city shall be exempted. Any town or city which has
been exempted from the provisions of this act which shall re-
tire a teacher with a pension annuity or allowance and the school
committee or board of education of such town or city shall cer-
tify under oath to the retirement board the amount of such
pension annuity or allowance, said town or city shall be reim-
bursed annually by the state within one month following the
close of the current school year, to such amount as the retire-
ment board may determine.
STATE INSTITUTIONS
SEC I2 The teachers' retirement board may, upon applica-
tion by the board of trustees of any institution supported by the
state at which teachers are employed, class such institution as a
public school under the provisions of section one of the general
statutes. The secretary and treasurer of such board of trustees
shall perform the duties required of educational officials under
the provisions of sections eight and nine.
INCORPORATED SECONDARY SCHOOLS
SEC 13 Any incorporated secondary school not under the
orders and superintendence of a duly elected school committee
or board of education, but located in a town not maintaining a
high school and providing free tuition to pupils of the town in
which it is located, and which shall have been approved by the
state board of education under the provisions of chapter 54 of
the general statutes, may, upon application of its board of trus-
tees be considered a “public school ’’ and included in the retire-
ment system for teachers at the discretion of the retirement
board, and the duties required of town officials under sections
eight and nine shall be performed by the corresponding officers
of said school.
NEw LONDON PUBLIC SCHOOL TEACHERS
SEC 14 Any teacher employed by the city of New London
in its public schools, who shall begin service after July I, I919,
shall become thereby a member of the teachers’ retirement asso-
ciation of the state, and shall be exempt from, and entitled to
no rights under, the provisions of the charter of said city re-
lating to the teachers' retirement fund.
Any teacher now in service in the public schools of the city
of New London, may, on or before July 1, 1919, become a mem-
ber of the state retirement association and entitled to all the rights
13
and subject to all the obligations thereof, by written application
to the Secretary of said association and by paying an amount
equal to the total assessments, with regular interest thereon, that
he would have paid if he had been in service before June 30,
I917, and joined said association on or before September 30,
I917, Or, if such teacher was first in service subsequent to July
I, I917, by paying an amount equal to the total assessments, with
regular interest, that he would have paid if he had joined the
state retirement association on entering the service of the public
schools.
Said city of New London shall continue to be entitled to re-par c
imbursement by the state according to the provisions of section
eleven for all pensions, allowances or annuities paid by it to
teachers who have been retired or may hereafter be retired under
the provisions of the charter of said city.
When any teacher now in service in the public schools of the Par D
city shall elect, on or before July 1, 1919, to become a member
of the state retirement association there shall be paid, for such
teacher, from the teachers’ retirement fund of said city to the
fund of the state retirement association the assessments with in-
terest, that such teacher is required to pay upon becoming a
member of such association, and thereupon all rights of such
teacher to any part of said retirement fund of said city, except
as in this act provided, and all obligations to pay any assess-
ments thereto, shall terminate.
From said retirement fund of said city, with all accumula- Par E
tions thereto, including any part thereof as may have been set
apart as a permanent fund, there shall be made, in addition to
the payments to be made under section fourteen, Par D, hereof,
all payments to which any teacher may be entitled, who has been
or may be retired under the provisions of said charter; and, also,
there shall be paid from said fund to any teacher who shall be-
come a member of said state association under the provisions of
section fourteen, Par D, hereof, and shall continue as a teacher
in the public schools of said city and who would, but for the
failure to pay assessments to said fund, become entitled to retire-
ment under the provisions of said charter, such amounts as he or
she would be entitled to upon retirement under said charter, less
any amounts that he or she may receive under the state retire-
ment system. - - -
After this act shall come into effect the city of New London Par F
shall not be obliged to make any further payments to said fund,
unless said fund shall not be sufficient to pay all obligations under
said charter as hereby amended, in which event said city shall
pay into said fund an amount sufficient to meet all such obliga-
tions. Any balance of said fund remaining after all obligations
are satisfied shall be paid into the general treasury of the city
for School purposes.
*\e
14
ADMINISTRATIVE RULES ADOPTED BY THE TEACHERS'
RETIREMENT BOARD
I That a leave of absence not to exceed twelve calendar
months in length, and formally granted by a school committee
to a teacher, shall not be considered as removing him from the
public school service; that, such leave of absence shall not be
considered as breaking the continuity of the period of five years
of service immediately preceding retirement which is required by
section six of the act, but that such absence shall not count as
part of the said five years of service.
2 That a substitute teacher who is on the pay-roll of any
School board at an annual salary shall be considered as a regular
teacher.
3 That, if a teacher receives salaries from two or more
School boards, his annual assessment shall be based on his ag-
gregate salary, and the monthly deductions therefrom appor-
tioned to the several boards employing said teacher.
.4 That, when a teacher loses pay for an absence of less than
a month, other than formal leave of absence, such teacher will be
required to pay the assessment of that month as if on full pay.
Note — This is not to be construed as affecting the assess-
ments of teachers entering or leaving service during the month,
such teachers being assessed only on wages for actual teaching
time.
5 (Refer to Rule I.) That, any teacher on formal leave of
absence may, if he chooses, pay monthly assessments to the
annuity fund during such leave of absence, and the period of
time covered by assessments paid in this manner, shall be con-
strued as constituting actual service, providing the number of
such monthly assessments paid in continuity shall not exceed
the number payable in one school year.
6 That, the annual assessments shall be remitted to the
board in equal instalments for the number of months of the
school year of the town, even though the town's payments to
teachers are not equal.
V
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UNIVERSITY OF MICHIGAN
3 901 5 07416 8827