AMEDD: Medical Employee Benefits #army #medical #retirement #benefits




Health care professionals who serve as officers in the U.S. Army Medical Department enjoy a wide range of opportunities and financial incentives. There are benefits, tangible and intangible, available to officers who choose to serve fulltime in the Army. These benefits are also conferred upon those who choose to serve when needed and maintain careers in their communities as part of the Army Reserve.

Active Army professionals are members of a multidisciplinary team focused on providing the best health care possible. Here, there aren’t any concerns about running a practice, hiring employees, processing insurance, purchasing equipment, stocking supplies or paying malpractice insurance.

You’ll also have opportunities to develop even more specialized skills than those you already have. From continuing education courses and seminars to clinical research and teaching, you’ll be able to enhance your level of expertise.

Plus, the U.S. Army offers scholarships and student loan repayment assistance to students and recent graduates in many health care fields.

You have many career options. Learn more about the benefits that come with serving your country.


  • Training to become a leader among your peers
  • Paid continuing education, including clinical specialization courses
  • Travel opportunities, including humanitarian missions
  • No-cost or low-cost medical and dental care for you and your family
  • Noncontributory retirement benefits with 20 years of qualifying service
  • 30 days of paid vacation earned annually
  • No premiums for malpractice insurance
  • Rank and privileges of an officer in the U.S. Army
  • Commissary and post exchange shopping privileges
  • A flexible, portable retirement savings and investment plan similar to a 401(k)


  • Paid continuing education, including specialized training courses
  • Training to become a leader among your peers
  • Travel opportunities, including humanitarian missions
  • Low-cost life and dental insurance
  • Noncontributory retirement benefits at age 60 with 20 years of qualifying service
  • Networking opportunities
  • Rank and privileges of an officer in the U.S. Army
  • Commissary and post exchange shopping privileges
  • A flexible, portable retirement savings and investment plan similar to a 401(k)



  • Dental Officer Accession Bonus of $75,000
  • Variable Specialty Pay of $3,000 to $12,000 annually, based on length of service
  • Board Certified Pay of $2,500 to $6,000 annually for board-certified dentists
  • Dental Additional Special Pay of $4,000 to $15,000, based on creditable service
  • Dental Officer Multiyear Retention Bonus of $13,000 to $50,000 annually, based on specialty and length of contract
  • Provides up to $120,000 to pay down qualifying dental school loans through the Active Duty Health Professions Loan Repayment Program; participants receive $40,000 per year for three years


  • Special Pay of $75,000 for general dentists, comprehensive dentists, prosthodontists and oral surgeons, paid in yearly increments of $25,000 for three years
  • Dental school loan repayment of up to $50,000 over three years through the Healthcare Professionals Loan Repayment Program; participants receive $20,000 per year for the first two years and $10,000 the third year



  • Variable Special Pay of $1,200 to $12,000 annually, based on length of service
  • Board Certification Pay of $2,500 to $6,000 annually for board-certified physicians
  • Medical Additional Special Pay of $15,000
    Incentive Special Pay of $12,000 to $36,000 paid annually
  • Multiyear Special Pay of $6,000 to $14,000 annually, based on specialty and total number of contract years served
  • Provides up to $120,000 to pay down qualifying medical school loans through the Active Duty Health Professions Loan Repayment Program; participants receive $40,000 per year for three years.


  • Reserve physicians are eligible to receive the Health Professions Special Pay of $75,000, paid in yearly increments of $25,000 for three years
  • Medical school loan repayment of up to $50,000 over three years through the Healthcare Professions Loan Repayment Program; participants receive $20,000 per year for the first two years and $10,000 the third year.



  • Pharmacist Accession Bonus of $30,000, paid in lump sum at first duty assignment
  • Provides up to $120,000 to pay down qualifying pharmacy school loans through the Active Duty Health Professions Loan Repayment Program; participants receive $40,000 per year for three years
  • Specialty Pay of $2,000 to $5,000 available to board-certified, nonphysician health care providers, including occupational therapists, physical therapists, dietitians and physician assistants
  • Physician assistants can receive up to $120,000 to pay down qualifying student school loans through the Active Duty Health Professions Loan Repayment Program; participants receive $40,000 per year for three years


  • Optometrists are eligible for Health Professionals Special Pay of $45,000, paid in $15,000 increments over three years
  • Clinical psychologists are eligible for Health Professionals Special Pay of $45,000, paid in $15,000 increments over three years
  • Entomologists, microbiologists, clinical laboratory, and nuclear medicine are eligible for Health Professionals Special Pay of $30,000, paid in $10,000 increments over three years
  • Qualifying optometrists, clinical psychologists, microbiologists, clinical laboratory, nuclear medicine, and entomologists are eligible for student loan repayment of up to $50,000 over three years through the Healthcare Professionals Loan Repayment Program; participants receive $20,000 per year for the first two years and $10,000 the third year



  • Active Army Nurse Accession Bonus of $20,000 or $30,000 (up to $10,000 if combined with loan repayment program)
  • Active Duty Health Professions Loan Repayment Program provides up to $120,000 for the repayment of qualifying educational loans; participants can receive $40,000 per year for up to three years
  • Nurse anesthetists can receive Active Duty Special Pay of $15,000 to $40,000 annually, depending on the length of your agreement
  • Nurse anesthetists, family nurse practitioners, clinical nurse specialists and nurse midwives are eligible for Board Certification Pay of $2,000 to $6,000 per year. This incentive is based on active duty experience in specialty.


  • Community/public health, critical care, medical-surgical, perioperative and nurse anesthetists are eligible for student loan repayment of up to $50,000 over three years through the Healthcare Professionals Loan Repayment Program; participants receive $20,000 per year for the first two years and $10,000 the third year
  • Special Pay of $30,000 ($10,000 per year for three years ) to nurses with a BSN, MSN, DNSc or Ph.D. in nursing



  • Diplomate Board Certified Pay of $2,000 to $5,000 annually for veterinarians who have received a diploma in a specialty recognized by the American Veterinary Medical Association
  • Provides up to $120,000 to pay down qualifying veterinary school loans through the Active Duty Health Professions Loan Repayment Program; participants receive $40,000 per year for three years


  • Special Pay of $75,000, paid in three yearly increments of $25,000
  • Veterinarians are eligible for student loan repayment of up to $50,000 over three years through the Healthcare Professionals Loan Repayment Program; participants receive $20,000 per year for the first two years and $10,000 the third year

Mississippi senior resources – Housing, finance, financial planning and Insurance pointers #senior #resource, #housing, #seniors,


On this state page you will find resources, senior housing, and senior lifestyle opportunities. Such items address Seniors’ needs from Active Communities to Assisted Living along with Insurance, Medical and Financial Planning information.
We attempt to keep the state unique information current. To accomplish this we encourage individuals to become a state guru .

If you are aware of any changes that need to be made or might want to become a guru with its related rewards, please let us know via the email or address at the bottom of this page.

After Mom Moves

Are you trying to manage the resources from afar?

You may benefit from Seniors Real Estate Coordination

– Property preparation for sale – Estate clean out – No hassle transitions

– Communication with family professional advisors – Home sale and closing

To contact a Seniors Real Estate Professional click HERE

NO extra fees or obligation

Agencies on Aging

Div. of Aging and Adult Services
750 North State Street
Jackson, MS 39202

Alzheimer’s Communities Regulations

Alzheimer’s Unit Requirements set by
Department of Health, Health Facilities
Licensure and Certification Division

Facilities are only permitted to house persons with up to stage I I Alzheimer’s disease.

Assisted Living Communities

Your retirement planning should be based on understanding the options associated with Assisted living. As part of a retirement plan these options combine housing, support services and health care, as needed. Assisted living is a retirement service for individuals who require assistance with everyday activities such as meals, medication management or assistance, bathing, dressing and transportation. Some residents may have memory disorders including Alzheimer’s, or they may need help with mobility, incontinence or other challenges of senior life. Residents are assessed to determine the level of service they may need. These retirement services generally include: 24/7 supervision, 3 meals a day, housekeeping, transportation, minor medical attention, personal care assistance, security and emergency call, exercise programs, social and educational activities. In addition some Assisted living communities may provide: gardens, libraries, and chapels.

Assisted living communities are operated by both profit and non-profit organizations. Pricing can range from $1000 to over $4,000 per month based on your location. There may be extra fees for special services.

Learn more about Assisted Living Communities here .

Assisted Living Regulations

Department of Health, Health Facilities
Licensure and Certification Division

Personal Care Homes may provide assistance with activities of daily living that may extend beyond providing shelter, food, and laundry. Assistance my include but is not limited to: bathing, walking, toileting, feeding, personal grooming, dressing, and financial management. Facilities may provide assistance with the self-administration of medication. Persons admitted must be ambulatory.

Adult Day Hospice Care

Adult Day Care is a life senior service for frail, physically or cognitively impaired, seniors and their caregivers. Numerous stand alone adult day care facilities and adult day care centers are available in urban and suburban areas to provide elderly care. Check your state here. A large percentage of Adult Day Care Centers are operated on a nonprofit or public basis. Many centers are affiliated with multi-service entities such as home care, assisted living, nursing facilities and hospitals

Congregate, assisted living or nursing care communities may offer elderly care as an outpatient service to the neighboring population on a per day basis. Those that do, may also offer respite care for a weekend, or a week. Senior centers may also offer senior day care as one of their life senior services.

Learn more about Adult Day Care HERE

Senior Apartments

You may choose to spend your golden years in a community designed especially for mature adults. Senior living facilities come in many sizes and shapes. Senior apartments are one such chose. A Senior Apartment allows you to take advantage of many amenities and personalized services without having to maintain a house and yard.

Senior apartments should be a consideration for older adults that can take care of themselves. Aside from age-restrictions these apartments are usually developed the same as standard apartments. Some of these apartments are also equipped with items such as hand rails and pull cords to make getting around and living easier. Also these apartments provide a community of elderly neighbors without the hassles of a larger home to manage. Properties can vary in terms of services but typically offer apartment living and services designed specifically for independent active seniors 55 and older. Since many of these residences are designed for active seniors, most do not offer meal service, housekeeping or medical services. Senior apartment complexes are usually located near senior centers, parks, shopping malls, golf courses and public transportation. Some provide van services to nearby shopping and needed services.

Senior apartments can be found in many communities, some are under federal housing guidelines and will only accept low income seniors, but most are privately owned. Many of the privately owned properties offer reduced rents to low-income tenants with assistance from Dept. of Housing Urban Development (HUD). You should be aware that senior apartments usually have a captured audience with a significant waiting lists period. The following table provides a listing of senior apartments in your state; those that may have subsidized units are identified with an S in the right hand column

Health Insurance Counseling, Advocacy, and Medicare Help

Need help with the Medicare Maze?
Every state has a Health Insurance Counseling and Advocacy Program
to help understand Medicare coverage, payments and Medigap Insurance options.
Note: Toll free numbers often work only from within the state.
From out of state Use the other number, when provided.
For more counseling information visit

Insurance: Automobile

Interested in Buying or Selling
a Home or Condo?

Aging in place is growing older without having to move. Aging in place with supportive services is one of the most desirable ways of aging. Aging in place can achieve efficiencies enabled by the customized care. Successful aging in place approaches focus on the provision of the most appropriate care for the specific individual. Thus avoiding wasted costs brought on by a generic care model.

An aging in place scenario, creates housing and health care options to provide support as defined by an individual s wishes and efforts to live independently. Aging in place can work best when it is employed as a part of a comprehensive plan for retirement and aging. A key step in implementing aging in place is to make your home aging friendly. As we age we don’t hear so well, we sometimes forget or get confused and we can even outlive doctor’s predictions about our longevity. So as long as we persist in growing older, why not arrange our homes to accommodate our reality. Incorporate memory triggers into the way we arrange cabinets and counters, add soft fabrics to muffle background noises, change appliances to better accommodate our short-comings.

Here is a book to help you make your homes senior-friendly.

Universal Design: A Step-by-Step Guide to Modifying Your Home for
Comfortable, Accessible Living

by Barbara Krueger and Nika Stewart is a good place to start.With the book as a guide you can plan ahead for years before you critically need the advantages offered by the ideas in the book.

River Works Credit Union – Online Banking #river #works, #riverworks, #credit #union #massachusetts, #cu, #credit,


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Simply take a look at the consumer loans you have with other financial institutions, refinance them with us, we will take 2% off your current rate or give you the current rate offered by our Credit Union, whichever is lower.

All loans, except loans secured by Real Estate, qualify for this promotion. Restrictions may apply, please contact us for details.


We offer low rates on all our first mortgages and have second mortgages up to 80% of your homes value.

River Works offers a full-service mortgage department complete with conforming, commercial and portfolio loan programs. Better yet, unlike many other banks and credit unions, River Works Credit Union service all of its mortgages. That means your assured that you will always make your payments directly to us and you will always know who to call!

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About Us: River Works Credit Union was originally organized on February 13, 1936 as the General Electric River Works Employees Credit Union as a Massachusetts state-chartered credit union. The original charter was granted for the benefit of the employees and family members of the General Electric Company located in Lynn Massachusetts and its affiliates.



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Federal Employee Retirement Benefits #deferred #retirement


Federal Employee Retirement Benefits

The Federal Employees Retirement System (FERS) became effective January 1, 1987. All Federal civilian employees hired after this date are covered under FERS. FERS retirement eligibility is based on years of service and minimum retirement age (MRA).

FERS retirement plans provide civil service retirement benefits from a combination of the Basic Benefit Plan , Social Security and the Thrift Savings Plan (TSP). If you leave federal service before retiring Social Security and the TSP can go with you to your next job. Both the Basic Benefit plan and Social Security require you to pay into the system each payday. Agencies withhold the cost of these plans as payroll deductions plus your agency pays its share too. After retirement you are entitled to a monthly annuity for life. If you leave federal service before you reach full retirement age and have a minimum of 5 years FERS service you can elect to take a deferred retirement. FERS retirement benefits are very generous and far exceed what most private companies offer today. To determine your FERS retirement eligibility review the FERS eligibility charts on this page.

FERS also includes the Thrift Savings Plan (TSP) that is automatically set up for you when first hired. Agencies deposit 1% of the basic pay each payday into your account. Your agency will match up to 5% of your contributions and contributions are tax-deferred .

FERS Retirement Eligibility Menu

Congress created the Federal Employees Retirement System (FERS) in 1986, and it became effective on January 1, 1987. Since that time, new Federal civilian employees who have retirement coverage are covered by FERS. The FERS plan consists of three parts:

Civil Service employees pay Social Security taxes and contribute to the Basic Benefit Plan. Additionally, your agency contributes an amount equal to 1% of your basic pay into your Thrift Savings Plan (TSP) account. You are able to make tax-deferred contributions to the TSP and a portion is matched by the Government. The elective deferral limit for 2010 and 2009 is $16,500.

Federal Employee Retirement Benefits eligibility is determined by your age and number of years of creditable service. In some cases, you must have reached the Minimum Retirement Age (MRA) to receive civil service retirement benefits. Use the following chart to figure your minimum retirement age.

Minimum Retirement Age

If you retire at the MRA with at least 10, but less than 30 years of service, your benefit will be reduced by 5 percent a year for each year you are under 62, unless you have 20 years of service and your benefit starts when you reach age 60 or later.

How to initiate an annuity after leaving federal service

NOTE: Use the first business day of the month following your 62nd birthday for the commencing date on your application. All benefits are retro-active to that date. If you neglected to apply at age 62 you will receive a lump sum payment for the time between the commencing date and the date you apply. For example, if you apply at age 65 you would receive a lump sum payment for 3 yrs.

Many leave federal service for the private sector and often forget about their FERS contributions and annuity. If you worked for the civil service or postal service for at least five years before leaving, and didn t withdraw your funds, you can either collect a FERS annuity at the ages specified in the above chart as early as age 60 with 20 years service or age 62 with 5 years of service or accept a lump sum payment. The annuity is computed as a regular FERS annuity, see: to estimate your monthly payment.

To collect your deferred annuity complete OPM form R1-92-19 (Revised May 2012) and send it to the address listed on the form. The form has 9 pages of detailed instructions and general information about eligibility and payments, print it out for detailed guidance. Contact OPM directly if you need assistance or to obtain a copy of this form with your service dates. The first part of the form is completed by OPM and includes a summary of your federal service. To estimate the amount of the FERS annuity and/or the amount of the refund of the retirement contributions go to the FERS annuity page. There is no reason to delay applying for the annuity beyond your eligibility date as determined by your MRA, age 60 or 62. If you withdraw the funds, consider placing the money in a Roth or Traditional IRA with potential for growth. If you decide on the FERS annuity – the annuity will not increase by waiting beyond the date you are first eligibility for the annuity.

O PM advises that to apply for deferred retirement benefits, wait until 60 days prior to your eligibility date as listed above in the table and then contact OPM for an “Application for Deferred Retirement”. OPM can be reached by calling toll-free 1 (888) 767-6738, or writing to: Office of Personnel Management, PO Box 45, Boyers, PA 16017.

All requests need to include your name, other names used while employed, current mailing address, Social Security number, date of birth, dates of service, and, the retirement system you contributed to, if known. If you choose to use e-mail, please keep in mind that there are risks associated with sending personal information over non-secure networks on the Internet. Contact OPM for assistance.

If a former federal employee dies before collecting the deferred annuity the surviving spouse is eligible to receive 50% of their annuity payable starting on the date the deceased employee attained the age and service requirements for the annuity. Lesser amounts are payable if the surviving spouse wants to collect earlier. Review the process above and contact OPM to initiate your annuity.

For additional information on deferred retirement see:

Questions Answers (Deferred Annuities)

  • QUESTION: The annuity section states that employees at 62 and over with 20 years experience use a factor of 1.1% to determine their annuity. Does this mean that if I work 40 years but retire under the age of 62 I am only entitled to use a factor of 1.0%? This seems illogical.
    • Answer: You are correct. You must be 62 or older with at least 20 years of service for the 1.1% calculation to apply. Keep in mind that these laws are written by Congress and logic has never been a requirement. However, the difference is likely because the FERS annuity supplement only applies for those who retire younger than age 62. For more information on the FERS annuity supplement see:
  • QUESTION: If I leave service after 20 years but don t start to collect (i.e.,
    defer the collection of my annuity) until 62 would I be entitled to the
    1.1% factor?
    • Answer: Yes, according to the OPM reference below, you could defer your annuity until you are age 62 to receive the 1.1% calculation. Reference: This may be a great option if you continue working until age 62 in your next career.
  • QUESTION: I am presently 48 with 23 years service (my MRA would be 56 and 30 years) and I would like to quit and do something outside of the government. Will I lose any retirement benefits and if not, when could or should I start collecting the annuity?

    Answer: If you left federal service, you could apply for a deferred annuity at age 60 or age 62. For more information: .

    QUESTION: I have 30 years service at age 52 and would like to retire. How will this impact my benefits.

    Answer: Unfortunately, you are not eligible to retire until you reach the minimum retirement age (MRA). If you leave prior to your MRA with 30 years of service, you would be eligible to apply for a deferred retirement when you reach the MRA, but with a deferred retirement you will not be eligible for the FERS supplement, life insurance or health benefits. Another factor to consider is that that you would not receive an annual COLA until you actually start your deferred retirement.

    If you wait to retire at your MRA, and you have had Federal Employee Health Benefit (FEHB) coverage for the past five years, then you can continue FEHB into retirement at the same rate paid by federal employees.

Tucson Retirement Communities #dollar #storage #tucson, #tucson #retirement #communities


Tucson Retirement Communities
the charms of the desert are unique and tend to grow on you.

South of Tucson

Homes starting in $100’s price range and up:

  • Miramonte at Altura – new homes by Miramonte Homes – from high $100’s – Part of Academy Village which features the Arizona Senior Academy for lifelong learning. Contemporary styling.
    13681 O’Keeffe Court, Tucson – 520-508-7385 for private showing (Tish or Gail)
  • Del Webb at Rancho del Lago – Gated – Vail – Price: $-$$ gated community of single homes at this master planned community. Some with garages in back. Across the street is the Del Lago Golf Club. At the base of the Rincon Mountains south of Tucson; prices are starting in the mid-$100’s.
    Phone: 866-340-9322 – 10260 S Blendu Way, Vail AZ
  • Quail Creek by Robson – Gated – at Green Valley south of Tucson – Price: From high $100’s – views of Santa Rita mountains – championship golf – area includes shopping centers, medical services and more. Home designs created to enhance resort lifestyle. Notice the large windows to bring the great views inside.
    Phone: 1-888-648-0332 – 1100 N Eagle Hollow Rd – Open Daily
  • The Academy Village – Rincon Valley south east of Tucson – Price: $-$$$$ unique community which centers around the Arizona Senior Academy for life-long learning. Own your townhome or single home. Emphasis on health and wellness programs for active retirement living. Singles and townhomes. Visit program.
    Phone: 1-520-647-7777 – 13701 E. Langtry, Tucson
  • Vista View Resort – GatedSierra Vista – 1 hour to Tucson – Price: $-$$ – Gated – Exercise and lap pool, fitness, walking trails, clubhouse. One, two and three bedroom homes start in low $100’s. Cost of land not included in cost of home. RV storage. 6400 E. Highway 90 – 520-439-4473
  • Rancho Resort – Small one and two-bedroom homes in 55+ community. Spanish-styled ranch homes priced from the $104’s by Freedom Homes. Energy Star efficient. Pool, spa and recreation.
    15900 S. Rancho Resort Blvd. Sahuarita – 52i0-572-5478 – Open daily starting at 9AM, except Sunday open starting noon

North of Tucson


  • SaddleBrooke – by Robson in Oracle, Arizona – Price: From low $200’s – 2 and 3 BR homes with dens – 20 minutes north of Tucson area – Golf – Flexible and innovative floor plans for personal choices. Some homes offer panorama views of Santa Catalina mountains. Robson offers some wonderful visit programs to their communities. See their community newspaper online.
    Phone: 866-818-6068 – 59680 East Robson Cir – Open Daily
  • The Preserve at SaddleBrooke In Tucson by Robson – 20 minutes north of Tucson – Price: From $400’s – Large luxury 2 and 3 BR homes with dens – Golf course designed by Dick Bailey – Luxury community of upscale homes with golf and mountain views, resort-style pool, dining, bar and patio.
    Phone: 800-514-4428 – 36297 S. Aspen La. – Open Daily
  • SaddleBrooke Ranch – Gated – Oracle – 30 minutes north of Tucson by Robson – Price: From $210’s to $700’s – Some amenities include golf, pools, massage rooms, hacienda and spa. Spacious 2 BR homes – some with dens.
    Phone: 866-818-6068 – 59680 East Robson CIR – Open Daily


  • New Del Webb at Dove Mountain – $$ – Marana – 25 miles to Tucson – Near Hyatt Dove Mountain – medium to large homes from low $200’s. Panoramic views. Planned clubhouse with resort amenities. Sports Club. 866-210-7583 – 6738 West Cape Royal Trail, Marana – Open Daily
  • New Saguaro Bloom – Marana – Gated 55+ community of Large 2-bedroom and Study single homes with Spanish influenced designs – Starting mid $200’s – By DR Horton Freedom Homes
    8941 W. Airdale Rd. – 520-572-5103 – Call for appointment to see

Resale Homes in Tucson Area from sold-out communities

Resale Tucson homes in Rancho Sahuarita

  • Las Brisas – In Sahuarita by Del Webb – outdoor heated pool, golf, spas, walking trails, clubhouse. Sold out. Resales only if available.
  • Sonora at Rancho Sahuarita – by Del Webb – Check for resales – active adult neighborhood in Rancho Sahuarita master community. Price: $$ Across street from Las Brisas in Rancho Sahuarita.
  • Other active adult communities at Rancho Sahuarita are:

    • Gated community of Rancho Resort with The Courtyards, Las Brisas, and Madera Village.
      15455 S Camino Lago Azul, Sahuarita – 520-207-7730
      Sonora by Del Webb in Rancho Sahuarita, Arizona

    Resale 55+ homes in Tucson

    For ages 50+ at Dove Mountain

    • The Highlands at Dove Mountain – Gated with 24-7 personnel – Northwest Tucson and Oro Valley – Upscale Arthur Hills 18-hole golf and tennis community – saltwater pool and spa (verify) – located within the master planned community of Dove Mountain. (The Ritz-Carlton is also located at Dove Mountain.)
      Community strives for low density for a less crowded feeling but with all the amenities of larger communities. Elevation at 3000 Feet keeps it cooler in summer. Resale prices approximately $170’s to $400’s. See excellent video of amenities on website.
      4949 W. Heritage Club Blvd, Marana – 520-579-9574 (M-F)
    • Sunflower at Continental Ranch – Tucson – Older large community of 967 homes and part of very large Continental Ranch community. Sunflower is a Del Webb community adjacent to the Saguaro National Park. Many amenities such as pool, clubhouse, over 50 clubs for premier retirement lifestyle – resales – affordably priced homes. Near Northwest Medical Center.
      Phone (Mgr): 520-572-9780 – 9401 N Sunflower Park Dr. Tucson
    • Broadway Proper Retirement Community – One of 3 rental communities by Leisure Care in Tucson area.
      Phone: 520-296-3238 – 400 S Broadway Pl Tucson, AZ
      Leisure Care Retirement Communities
    • Cascades Tucson – Tucson – Retirement and Assisted Living apartment homes with assisted living available if became necessary. Also respite program. Fees vary.
      Phone: 520-866-3171 – 201 N Jessica Avenue, Tucson
    • Las Campanas at Green Valley – 20 miles south of Tucson – By Meritage – Ranch homes started from $127,400 to $220,990 – Energy saving features. Lots of social and recreational amenities and clubs (60) and activities. Sold out. 836 W. Calle Artistica, Green Valley

    Resale community in Vistoso

    • Sun City Vistoso By Del Webb – established community in Oro Valley Northwest of Tucson with resales. Rancho Vistoso Blvd. Golfcourse, clubhouse, pool and many activities.

    This is where you are:

    Exploring Real Estate Investments: Types Of Real Estate #types #of #retirement #investments


    Exploring Real Estate Investments: Types Of Real Estate

    In the previous chapter. we discussed the various categories of available real estate investments, including direct property ownership, mortgages. and debt or equity securities. What these real estate investments have in common is that there are one or more tangible real estate properties underlying each investment. That means when you make an investment, it is important to consider the characteristics of the underlying real estate because the performance of those properties will impact the performance of your investment.

    When you’re looking at the underlying real estate, one of the most important criteria (aside from location, location, location!) is the type of property. When considering a purchase, you need to ask yourself whether the underlying properties are, for example, residential homes, shopping malls, warehouses, office towers or a combination of any of these. Each type of real estate has a different set of drivers influencing its performance. You can’t simply assume one type of property will perform well in a market where a different type is performing well. Likewise, you can’t assume one type of property will continue to be a good investment simply because it has performed well in the past.

    Income-Producing and Non-Income-Producing Investments
    There are four broad types of income-producing real estate: offices, retail, industrial and leased residential. There are many other less common types as well, such as hotels, mini-storage, parking lots and seniors care housing. The key criteria in these investments that we are focusing on is that they are income producing .

    Non-income-producing investments, such as houses, vacation properties or vacant commercial buildings, are as sound as income-producing investments. Just keep in mind that if you invest equity in a non-income producing property you will not receive any rent, so all of your return must be through capital appreciation. If you invest in debt secured by non-income-producing real estate, remember that the borrower’s personal income must be sufficient to cover the mortgage payments, because there is no tenant income to secure the payments.

    Office Property
    Offices are the “flagship” investment for many real estate owners. They tend to be, on average, the largest and highest profile property type because of their typical location in downtown cores and sprawling suburban office parks.

    At its most fundamental level, the demand for office space is tied to companies’ requirement for office workers, and the average space per office worker. The typical office worker is involved in things like finance, accounting, insurance, real estate, services, management and administration. As these “white-collar” jobs grow, there is greater demand for office spaces.

    Returns from office properties can be highly variable because the market tends to be sensitive to economic performance. One downside is that office buildings have high operating costs, so if you lose a tenant it can have a substantial impact on the returns for the property. However, in times of prosperity, offices tend to perform extremely well, because demand for space causes rental rates to increase and an extended time period is required to build an office tower to relieve the pressure on the market and rents.

    Retail Property
    There is a wide variety of Retail properties, ranging from large enclosed shopping malls to single tenant buildings in pedestrian zones. At the present time, the Power Center format is in favor, with retailers occupying larger premises than in the enclosed mall format, and having greater visibility and access from adjacent roadways.

    Many retail properties have an anchor. which is a large, well-known retailer that acts as a draw to the center. An example of a well-known anchor is Wal-Mart. If a retail property has a food store as an anchor, it is said to be food-anchored or grocery-anchored ; such anchors would typically enhance the fundamentals of a property and make it more desirable for investment. Often, a retail center has one or more ancillary multi-bay buildings containing smaller tenants. One of these small units is termed a commercial retail unit (CRU) .

    The demand for retail space has many drivers. Among them are: location, visibility, population density, population growth and relative income levels. From an economic perspective, retails tend to perform best in growing economies and when retail sales growth is high.

    Returns from Retails tend to be more stable than Offices, in part because retail leases are generally longer and retailers are less inclined to relocate as compared to office tenants.

    Industrial Property
    Industrials are often considered the “staple” of the average real estate investor. Generally, they require smaller average investments, are less management intensive and have lower operating costs than their office and retail counterparts.

    There are varying types of industrials depending on the use of the building. For example, buildings could be used for warehousing, manufacturing, research and development, or distribution. Some industrials can even have partial or full office build-outs.

    Some important factors to consider in an industrial property would be functionality (for example, ceiling height), location relative to major transport routes (including rail or sea), building configuration, loading and the degree of specialization in the space (such as whether it has cranes or freezers). For some uses, the presence of outdoor or covered yard space is important.

    Multi-family Residential Property
    Multi-family residential property generally delivers the most stable returns, because no matter what the economic cycle, people always need a place to live. The result is that in normal markets, residential occupancy tends to stay reasonably high. Another factor contributing to the stability of residential property is that the loss of a single tenant has a minimal impact on the bottom line. whereas if you lose a tenant in any other type of property the negative effects can be much more significant.

    For most commercial property types, tenant leases are either net or partially net, meaning that most operating expenses can be passed along to tenants. However, residential properties typically do not have this attribute, meaning that the risk of increases in building operating costs is borne by the property owner for the duration of the lease.

    A positive aspect of residential properties is that in some countries, government-insured financing is available. At the expense of a small premium, insured financing lowers the interest rate on mortgages, thereby enhancing potential returns from the investment.

    TMRS • Texas Municipal Retirement System #my #florida #retirement #system


    Texas Municipal Retirement System


    2017 Retirement Account Statements Now Available

    Statements for TMRS retirees/annuitants will be mailed today, February 13. These statements are already posted online – you may view your statement by logging on to MyTMRS .

    1099-Rs and HELPS Tax Statements for 2016

    TMRS plans to mail 1099-R forms to all payees receiving 1099-Rs on January 23. The 1099-Rs will also be available on MyTMRS on January 23. In addition, the HELPS Tax Statements for 2016 are available on MyTMRS and were mailed on January 19.

    Recent News about Pensions

    TMRS would like to assure our members that the news stories about pension problems in certain Texas cities do not involve TMRS. Houston and Dallas have pension programs that are local and independent, not affiliated with TMRS. If you want more information about how TMRS works and how it is different from most other retirement programs, you may find this presentation helpful.

    Transparency Star Resource Page for Cities

    TMRS has posted an online resource page to help cities locate the information needed to apply for the public pension star, one of the five stars awarded under the Texas Comptroller of Public Accounts Transparency Stars program (application process information here ). The Transparency Stars program for local governments aims to recognize transparency in decision-making in several areas, including pensions. The City of Carrollton was the first TMRS city to obtain the Transparency Star for Public Pensions.

    TMRS Forms

    TMRS forms require a signature and date. Download the form you need, complete it, and sign it. Mail or fax (not both) the form to TMRS. Fax: 512.476.5576. Do not email forms. If you fill the form out by hand, please use black ink, no highlighter.
    NOTE: If you are sending a copy or the image of a document (such as a driver s license) via fax, please use the clearest image possible so the fax we receive will be legible.

    How Do I?

    Public Employees Retirement Association of Minnesota #pera, #retirement, #minnesota #pension, #pension, #public #pension, #minnesota #retirement,


    Preretirement Workshop scheduled for Aug. 18 in St. Paul

    Due to popular demand, we ve added a Preretirement Workshop for Friday, Aug. 18 at the Retirement Systems Building of Minnesota, 60 Empire Drive, Room 106, St. Paul.

    Preretirement Workshops are designed for members who are within about five years of retirement. These large group programs give you a broad perspective on retirement by looking at more than just your PERA pension. They also address Social Security and Medicare benefits, health insurance, financial and estate planning, and other retirement-related issues.

    Workshops are scheduled from 9 a.m. to 4:00 p.m. PERA invites couples as well as individual members to attend, but you must register in advance workshops fill up quickly. Because these are group presentations, there is no time available for individual counseling.

    To register, visit MY PERA, or call PERA at 651-296-7460 or 1-800-652-9026. Space is limited.

    Group Conferences scheduled in Saint Paul office in August

    Tuesday, August 15 5:30 p.m. 6:30 p.m.

    Friday, August 25 9:30 p.m. 10:30 a.m.

    Thursday, August 31 3:00 p.m. 4:00 p.m.

    A Group Conference is a 60-minute educational program where members receive a personalized retirement estimate and learn about their benefit options and the retirement application process. PERA counselors present the information. Group Conferences are ideal for those members who are a few years from retirement.

    To register, visit MY PERA or call PERA at 651-296-7460 or 1-800-652-9026. Space is limited.

    Group Conferences scheduled in greater Minnesota in August

    Thief River Falls Tuesday, August 15 10:00 a.m. 11:00 a.m. and 1:00 p.m. 2:00 p.m.

    Moorhead Wednesday, August 16 10:00 a.m. 11:00 a.m. (The 10 a.m. session is FULL) and 1:00 p.m. 2:00 p.m.

    Mankato Friday, August 25 9:30 a.m. – 10:30 a.m. and 1:00 p.m. – 2:00 p.m.

    Friday, September 22 9:30 a.m. – 10:30 a.m. and 1:00 p.m. – 2:00 p.m.

    Friday, October 27 9:30 a.m. – 10:30 a.m. and 1:00 p.m. – 2:00 p.m.

    Virginia Tuesday, August 29 10:30 a.m. 11:30 a.m. and 1:00 p.m. 2:00 p.m.

    A Group Conference is a 60-minute educational program where members receive a personalized retirement estimate and learn about their benefit options and the retirement application process. PERA counselors present the information. Group Conferences are ideal for those members who are a few years from retirement.

    To register, visit MY PERA or call PERA at 651-296-7460 or 1-800-652-9026. Space is limited.

    PERA News is now available

    To read the latest legislative news, click Resources. then Newsletter.

    Learn about your pension

    As a public employee, you are already contributing to your financial future. Watch our video to learn more.

    Registration is open for workshops throughout Minnesota

    PERA workshops are now set for the second half of 2017. The complete schedule of workshops and conferences can be found by clicking the Calendar of Events on the right side of the page. You can also register by visiting MY PERA or by calling us. See you at a workshop. Register today.

    Governor Vetoes Bill Containing Pension Reforms

    Governor Mark Dayton vetoed Special Session S.F. 3 on Tuesday, May 30, 2017. The bill contained the contents of the 2017 Omnibus Retirement Bill (Regular Session S.F. 545) passed by the Legislative Commission on Pensions and Retirement (LCPR) and the Minnesota Senate during Regular Session. This bill also contained other labor-related provisions found by Governor Dayton to be veto-worthy. Most notably for PERA, the vetoed bill included a lower investment return assumption of 7.5 percent, benefit reforms for the Police Fire Plan, and numerous administrative modifications.

    PERA Board of Trustees names Board Vice President

    The PERA Board of Trustees voted unanimously at their April 13 meeting to name Ross Arneson as Vice President of the Board. Arneson, the elected Retiree and Disabilitant Re presentative, replaces David Metusalem, the elected Police and Fire Representative, who recently retired.

    The PERA Board will appoint a person to fill the remainder of the Police and Fire Representative position which ends in January 2019. Information on how to apply for the position will be announced in the June newsletter and on our website.

    You Talk + We Listen = SUCCESS

    Group Conferences set record attendance

    When we asked members for feedback on what is the best time to attend a Group Conference, 83 percent of members surveyed requested early Saturday mornings. And, we listened. In a recent three-week time period, nearly 250 PERA members attended Saturday sessions of Group Conferences. A Group Conference is a 60-minute educational program where members receive a personalized retirement estimate and learn about their benefit options and the retirement application process. PERA counselors present the information. Group Conferences are ideal for those members who are a few years from retirement.

    Check out our full conference schedule by clicking Calendar of Events .

    To register, visit MY PERA, or call PERA at 651-296-7460 or 1-800-652-9026.

    Group Conferences scheduled in Mankato office

    Our Mankato office has Group Conferences scheduled for June 30 and July 21. For each day, members can register to attend either a 10 a.m. to 11 a.m. or 1 p.m. to 2 p.m. session.

    To register, visit MY PERA, or call PERA at 651-296-7460 or 1-800-652-9026. Space is limited.

    Together, We Make Minnesota Better

    2016 annual benefits by county paid by Minnesota’s Public Pension Plans

    In fiscal year 2016, nearly 200,000 Minnesotans received a benefit from one of the public pension plans in our state, totaling over $4 billion. Spending by benefit recipients provides a steady economic stimulus to Minnesota communities and the state economy. One person’s spending becomes another person’s income, creating a multiplier effect. Retirees of state and local government put three times as much money back into the state economy as is collected by the public pension plans from taxpayers through employer contributions.

    Here is a listing showing the total benefits paid to retirees in each Minnesota County.

    Economic impact of Public Pension Plans in Minnesota

    Health Care #kentucky #retirement #system #phone #number


    Health Care

    Health Care

    The ASRS offers medical insurance, dental insurance, vision benefits and a prescription drug discount card program for retirees and their qualified dependents. Online health insurance enrollment is accessible from your secure myASRS account. The process is quick, safe and easy.

    The ASRS is dedicated to providing retirees with access to competitive and efficiently run health insurance. You are encouraged to fully review all of your options so you can make an informed decision.

    Click on the ‘2017 Health Insurance Basics’ picture for an introduction to our ASRS Retiree Health Plans!

    The Retiree Group Health Insurance guides have been redesigned for 2017 to simplify your decision-making, with separate guides for non-Medicare and Medicate-eligible applicants. Dental plan information is available in both guides.

    Now that 2017 Open Enrollment period has offiically ended, we would like to provide you with some addtional information.

    Medicare eligibility occurs on your 65th birthday. Enrollment information and Plan information.

    Information and plans for retiree health insurance for members who have not met Medicare eligibility.

    ASRS dental plan insurance also includes savings on your vision care needs.

    If you or your dependent(s), will become Medicare eligible soon, there are some things to consider as plan options, premiums, premium benefit and coverages will change.

    Additional no-cost benefits for retired members participating in ASRS health plans. SilverSneakers, Unitedhealth Passport program, Solutions for Caregivers.

    Additional benefits to help offset the cost of health insurance.

    Phone numbers and websites for the various health insurance and healthcare providers for ASRS retirees.

    View the online application for retirees to sign up for, or make changes to, their health dental coverages.