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Death benefits
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.
Fleeing fossil fuels
Reducing the use of fossil fuels that lead to carbon pollution is one of the most important strategies for rescuing the planet.
UFT has new treasurer, VP for special education
Two longtime UFT legends stepped down as officers of the union and their replacements were voted in by the Executive Board on Sept. 24. Mel Aaronson, who served as treasurer of the union since 1998, will be replaced by pension trustee Debra Penny...
UFT to offer more pension clinics
Because your pension is one of the most important benefits you have as a UFT member, the union’s Pension Department is expanding its outreach to help today’s in-service members better understand their pensions and plan for retirement.
Retirement Plans
Administrative Education Officers and Administrative Education Analysts are eligible for membership in the Teachers’ Retirement System of the City of New York. Employees who are already members of another NYC retirement system may transfer membership...
Pension clinics
The UFT’s pension clinic is designed for you members who are thinking of retiring in a year or two. It is a mini-course on your retirement benefits. This page lists the dates and locations for the clinics.
What are the eligibility requirements for taking a TDA loan?
You may be eligible for a TDA loan if you have participated in the TDA Program for at least one year; you are an in-service member, or you are on a leave of absence, or you have TDA Deferral status; you are not in default on an existing TDA loan. You...
What are the investment options for my Tax-Deferred Annuity (TDA)?
The TRS Passport Funds provide six investment offerings: The Fixed Return Fund offers a guaranteed rate of return set by the New York State Legislature. The current 7 percent annual rate is guaranteed in accordance with applicable laws. The...
Do I need to re-enroll in the TDA Program each year?
No. Your contributions automatically continue into the next year. However, you may change your contribution rate on the Teachers' Retirement System website at www.trsnyc.org or by filing a hardcopy TDA Contribution Rate Change Form. BERS members may...
What is the Tax-Deferred Annuity (TDA) Program?
In addition to the defined benefit Qualified Pension Plan, the Teachers’ Retirement System and the Board of Education Retirement System offer a voluntary program, the Tax-Deferred Annuity (TDA) that allows you to save additional money for your...