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How much will be deducted from my pension for union dues once I retire?

Dues are .004 of retirement allowance for members who retired after July 1, 1984. Members who retired before July 1, 1984 and after July 1, 1970 pay $36 annually. Members who retired prior to July 1, 1970 pay $18 annually.

What is a deferred pay date?

A deferred pay date is only applicable if you have yet to meet the age of retirement and will be collecting your pension at a later time.

Pension options to consider

Experiencing a pandemic can be life-changing, especially for essential workers like UFT members who face its challenges every day. Sometimes that kind of experience makes people reevaluate their lives and their goals. They move, they reconnect with...

Planning to retire in June?

We outline the steps you need to take if you're planning to retire in June and give you a schedule of remote pension clinics, presented by UFT special pension representatives, tailored to your tier.

Labors of Hercules, UFT-style

There was no service interruption in the UFT Pension Department as employees, working remotely for the first time, handled an influx of retirement queries.

Build nest egg with tax-deferred annuity

The Teachers’ Retirement System’s Tax-Deferred Annuity Program is an excellent way for eligible UFT members to save money for retirement to supplement their defined-benefit pension. If you’re not already enrolled, start building your nest egg now.

Automatic COLA increase

In 2000, after several frustrating years, the UFT, NYSUT and the rest of the state’s labor movement convinced New York State to provide an annual, permanent cost-of-living adjustment (COLA) to retiree pensions.

Tom Brown re-elected to TRS board

Tom Brown, the UFT’s assistant treasurer, was re-elected last spring as a trustee on the Teachers’ Retirement System board and will serve a new three-year term.

In uncertain times, count on a defined-benefit pension

While the opening of school this fall has been surrounded by uncertainty, one thing you can count on is your defined-benefit pension, thanks to the Teachers’ Retirement System and the UFT.

CARES Act allows easier access to retirement funds

The Coronavirus Aid, Relief and Economic Security Act passed by Congress in early April allows easier access to retirement funds for those U.S. residents still working but in financial need.