Poway Federation of Teachers

PFT/PUSD Supplemental Early Retirement Plan (SERP)

Memorandum of Understanding

Union Benefits Summary

As a member of the Poway Federation of Teachers, you provide strength and unity to your fellow teachers in our effort to improve our working conditions and achieve excellence in American education. There are also many material benefits of your membership, which are listed below.


Insurance Plans
A wide variety of group insurance plans: Paycheck protector, accident, catastrophic medical, group hospital, group term, and Medicare supplemental for those 65 or older. Health & Welfare Out of Pocket (OOP) .


Legal Services
Participating local attorneys offer a variety of free or discounted legal services for issues which are not job-related.


Legal Action Trust
This trust provides members with defense costs for a variety of civil and criminal charges arising out of school activities.


Occupational Liability Insurance
Insurance protection for any claims that arise out of your professional activities.


Credit Union
CFT credit union privileges include VISA, free interest-paying checking accounts, signature loans, discount car loans and free financial planning workshops.


Loan Program
Available to all active or retired members, this program provides unsecured personal loans from $500 to $10,000.


Mortgage and Real Estate Program
Competitive rate mortgages for home purchase and refinance, with down payments as low as 5 percent. Savings on agent's commission when you sell and special help for first-time buyers and disabled members who are having trouble meeting monthly payments.


Mastercard
Apply for a special union credit card with a low interest rate and no annual fees.


Entertainment
Discount tickets are available to major Southern California theme parks as well as local restaurants and movie theaters.


Computers
IBM and Apple are offering some of their most popular models at special prices, with loans at a guaranteed low interest rate.


Scholarships
Grants for teachers who are continuing their education and the children of union members who are attending tertiary institutions.