New-York tribune., 1895-02-11
AS 1T APPEARS TO-DAY.

,ssoc,tior nv which , repettion OF the unfortunate
conditions would not occur. This young woman diei
without leaving penny even for defrayIns tunera
expenses Her salary had been devoted entirely ip
the supper, Of her aged parents. and on her death
number Of her school friends subscribed money
with which 10 pay her funeral expenses. As thls
course could not be well pursued IN every such case
the teachers began the formation Of the Teachers
Mutual Lii, Assurance Association. This organi1'-
ton did great deal of good work. but the more
progressive among the teachers believed that sorne-
thing should be done to ard those who sefVel
many wears in the great work = educating the chl-
dren OF the city so that when they reached an age
and physical condition which would ienhe' them
Incapable OF doing their work well they might DC
retired on an annuity sufficiently large to Keep them
comfortable during the few remaining years oi theif
lives With ths end In View 1t WAS determined to
ask aid from the state. and Tor this purpose bils
were prcparcd year after and presented to the
Legislature asking foi Assistance IN carrying ou'
this project Some Of these blls were pasHe1 ny
both branches Of the Legislature but were vetoed by
Governors.
One hill which provided that the teachers them
selves should furnish the funds by a pro rata hs-
sessment was defeated by the opposition ~ those
in IN. professon who not willing 70 be assessed
for The benefit of others. Finally. IN IN" latter pit
OF iss. and ;hc cary par. - iN. those interested
IN thts matter planned An organzitlon wn'ch Only
those vh, were wiling % help others with a pos
Elhilitg
lu,e iS,, thu present Teachers Mutual Beneht As
soci.tion was formed wiki membership ~ dbolt
ono thousand. In March 1857. the association was
incornoraied under the general laws Of ih!s state
and it, proerc.s since has been such A. to make It's
success assured.
ORGANIZATIONS OF a similar character were
formed I'm nearly all the principal cities Of the
Union In Massachusetts the Legislature looked
unon the subject so favorably that law was
enacted authorizing numbers of adjacent towns 10
ioIn together and form Teachers Mutual Ala
Association" Under the provisions OF this act
twenty-four towns In the vicinity OF Boston on
Apri o. 1895 formed The Teachers Annuity
Guild" ON January |. 1895. the report showed II
membership OF 1.O7. and fund Of over $4,000.
Although the principal object In the New-fork
Teachers Mutual Benefit Association Is 10 benefit
teachers yet. incidentally. II il OF some benent 10
the pupils 1t is not to be supposed that the aged.
worn out teacher do as effective work IN the
schoolroom as the midde-aged person. whose phys
ical and mental conditions are unmpaired BY
giving supcrannuatcd teachers a chance to retire
on a pension the association dement's the schools
by making vacancies which can be filled by
younger teachers.
900 and the annual dues amounted TO $I,sl7 g..
The annuity fund Is derived from 30 per cent OF
the dues and fees and Interest on permanent
fund. Every year the total amount derived from
these sources. after deductng expenses Is divided
among those drawing annuities. The permanent
fund amounts 10 $4,000 This Is increased every
month by 10 per cent OF the dues and fees.