The coronavirus pandemic has had a serious impact on financial markets around the world. Many U.S. families have lost savings.

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.

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.

Yes.

It's the time of year when many TRS members are thinking about retirement. If you are considering this major step when the school year ends, here are some things to think about or do.

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.

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.


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.

Here is some important information about death benefits offered by the Teachers’ Retirement System and the Board of Education Retirement System for in-service members in Tiers 3, 4 and 6.

Reducing the use of fossil fuels that lead to carbon pollution is one of the most important strategies for rescuing the planet.