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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.
Pandemic and your pension
The coronavirus pandemic has had a serious impact on financial markets around the world. Many U.S. families have lost savings.
Demystifying terminology
Members of the city’s Teachers’ Retirement System receive many TRS communications and have access to TRS publications that may include unfamiliar words and phrases. This column defines some of those.
Pension benefits in a nutshell
With the start of a new school year, we know you’re busy with new students. But while you’re busy thinking about others, the start of the school year is also an excellent time to think about securing your own future.
Chicago musicians stop the music over contract
About 100 musicians in the Chicago Symphony Orchestra have traded their instruments for picket signs, striking to demand a contract that protects their pension plan and provides fair wages.
Members urged to nominate Debra Penny for TRS board
The UFT leadership is urging members to sign nominating petitions to re-elect UFT Treasurer Debra Penny to a new three-year term as a trustee on the Teachers’ Retirement System board.
Your pension: A valuable union benefit
Most members of the UFT are lucky to be among the minority of U.S. workers who still have a traditional defined-benefit pension that provides regular payments for life based on a formula that takes into account years of service, salary and age.