CT TEACHERS’ RETIREMENT BOARD
765 ASYLUM AVENUE 2ND FLOOR HARTFORD, CT 06105-2822
Toll free 1-800-504-1102 x 8402 (860) 241-8402 Fax (860) 241-9295
“An Affirmative Action/Equal Opportunity Employer”
Health Savings Account Policy
CGS 10-183 (T) requires that certified employees be given the opportunity to purchase the Health insurance of the last employing BOE at the group rate. This has been interpreted to mean the average rate for the population. An HSA plan provides insurance through the HDHP mechanism. Upon Medicare Eligibility (taking Social Security and or Medicare) the member is no longer entitled to tax free Benefits associated with any such contribution for the Health Saving Account portion of the plan. Therefore upon eligibility for Medicare the member would not be eligible for any contribution in the form of tax advantaged HSA contributions.