CT TEACHERS’ RETIREMENT BOARD

165 CAPITOL AVENUE   HARTFORD CT 06106-1673

“An Affirmative Action/Equal Opportunity Employer”

Toll-Free 1-800-504-1102  (959) 867-6333  Fax (860) 525-6018
www.ct.gov/trb

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.