Connecticut Teachers’ Retirement System Income
Under prior law, retired teachers were only allowed to claim the teachers’ pension subtraction on the income they received from the Connecticut Teachers’ Retirement System.
For taxable years beginning on or after January 1, 2021, retired teachers are now allowed to claim either the teachers’ pension subtraction or the pension and annuity subtraction (if their adjusted gross income is below the applicable threshold) on the income they receive from the Connecticut Teachers’ Retirement System.
