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.

Social Security is not ONLY a retirement plan. It's the single most efficient, multi-faceted social insurance program ever developed in this nation. As an anti-poverty measure, nothing has been more effective. But it's been mischaracterized by its...

If you are planning to retire at the end of June, this is the time to start thinking about what you need to do. Members of TRS and BERS often retire immediately after the school year ends. If you are considering this major step, you should attend to...

Social Security and Supplemental Security Income benefits for more than 67 million Americans will increase 2.8 percent in 2019, the Social Security Administration announced in October.

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.

Members of the Teachers’ Retirement System or the Board of Education Retirement System have a voluntary, supplemental savings plan, the Tax-Deferred Annuity, that can help ensure their retirement security.

The majority of UFT members participate in a defined-benefit pension, the gold standard of retirement plans. A defined-benefit pension guarantees a lifetime annuity — regular payments based on a formula. This formula takes into account your years of...

One of the many benefits provided by the Teachers’ Retirement System and the Board of Education Retirement System the ability to borrow against your Qualified Pension Plan and Tax-Deferred Annuity accumulations.