b'The Health Insurance Premium Subsidy is set annually At the December 12, 2024,by the Board of Trustees. The subsidy will remain at Board of Trustees meeting, CTPF60% in 2025. The subsidy is only available to eligible recognized three Trustees and multipleCTPF members. Dependent coverage is not eligible for the subsidy. staff members for their service throughMEDICARE PLANS 2025 RATES (member rate)its Milestone Recognition Program. The following rates are effective January 1, 2025. They represent the cost of MILESTONE AWARDS single coverage and include the 60% premium subsidy:Trustee Paula S. Barajas was honoredUnitedHealthcare Group Medicare Advantage PPO with Express Scriptsfor her first year of service, while 41Medicare (PDP) $92.59 (was $72.17)employees were recognized for reachingHumana Group Medicare HMO with Part D Pharmacy significant milestones of 1, 5, 10, 15, and$57.56 (was $52.34)25 years. A highlight of the ceremony was the special recognition of Gail Davis,Cigna Surround Group Supplement Plan with Express Scripts MedicareDirector of Administrative Services, for$161.62 (was $135.90) her extraordinary 40 years of serviceAARP Medicare Supplement Plan F* (UnitedHealthcare) with Express Scripts in 2024, and Nedda Bulbin, PensionMedicare (PDP), average by age:Analyst, for 25 years of service. Age 69-71 $190.92 (was $170.50)SPECIAL RECOGNITION Age 72-74$208.03(was $187.61)The Board also presented Distinguished Age 75+$222.88 (was $202.46)Service Awards to former Trustees Victor* Premiums for the AARP Medicare Supplement Plan F are based on age, gender, vary by Ochoa and Tanya D. Woods.geographic area, and are quoted directly by UnitedHealthcare. The amounts listed above are average costs and include the subsidy and prescription drug premium. Additional plan Victor Ochoaincreases may occur in June 2025 and notice will be sent directly from UHC. The prices Elected to the Board inquoted from UHC do not include the 60% CTPF health insurance premium subsidy or pre-2021, Trustee Ochoascription drug premium .made a significantNON-MEDICARE PLANS 2025 RATES (member rate)impact, serving as chairCTPF is offering a single Non-Medicare BCBS PPO plan (with some plan changes), of the Technologyand eliminated the UHC Non-Medicare PPO. The BCBS HMO is unchanged and Committee andwill also be offered. Members enrolled in a CTPF Non-Medicare PPO plan, were contributing to several otherautomatically enrolled in the new BCBS Non-Medicare PPO effectivecommittees, including Investment,January 1, 2025, unless they elected to move to the HMO plan or disenroll. Finance and Audit, Pension Laws andBlue Cross and Blue Shield PPO $661.65 (was $1,016.36)Administrative Rules, Claims and ServiceBlue Cross and Blue Shield HMO Illinois $449.45 (was $438.06)Credits, and Elections. Tanya D. WoodsJoining the Board in 2023 as a representative of the Board of Education, Trustee Woods broughtThe Centers for Medicare and Medicaid Services (CMS) announced Medicare fresh perspectives andpremium rates for 2025. The standard monthly premium for Medicare Part B valuable insights. She served on theenrollees will be $185.00, an increase of $10.30 from $174.70 in 2024. The Investments, Pension Laws andannual deductible for all Medicare Part B beneficiaries will be $257 in 2025, Administrative Rules, and Electionsan increase of $17 from the annual deductible of $240 in 2024. committees, making notableAll eligible CTPF members receive the same Part B subsidy. CTPF will provide a contributions during her tenure.subsidy of $109.20 per month, in 2025, for all qualified members. If you makeWe are grateful for Trustees Ochoa andPart B payments directly to Medicare, CTPF provides the subsidy by adding Woods service to the Fund and extend$109.20 to your monthly pension benefit. Some members are subject to IRMAA our thanks for their work on behalf offees. CTPF does not subsidize any Medicare fees, Part D Late Enrollment Penalties our members said Carlton W. Lenoir, Sr.,(LEP) or Part B or Part D IRMAA amounts.Executive Director. 7'