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Dorothy Anderson (68), Area VII Representative, CRTA Resource Services Committee with the Div 68 Board of Directors

The STRS Washington, D.C. advocate has provided the following information on the $250 stimulus for seniors: ADalen@m-w-h.com Subject: CRTA Update Date: March 27, 2009 10:22:38 AM PDT Payment to CalSTRS Retirees under Economic Stimulus Legislation The economic stimulus legislation recently signed into law by President Obama provides for a special one-time stimulus payment to state and local retirees not covered by Social Security The payment is in the form of a refundable income tax credit that the state and local retirees will claim on their 2009 returns. The amount is $250 per non-Social Security state/local retiree. If both spouses are state/local retirees, a total credit of $500 could be claimed on a joint return. If the government retiree’s spouse is a Social Security beneficiary, the spouse would receive a $250 direct payment under another provision of the stimulus legislation and the government retiree would receive the $250 tax credit. Thus, in either case there would be a $500 benefit per couple.

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