Retired teachers chapter news

May 3, 2018

Required Minimum Distribution

Do you participate in the Teachers’ Retirement System’s Tax-Deferred Annuity program?

April 5, 2018

Reporting TRS distributions on your local income tax

If you received one or more of the distributions listed below during 2016, you are required to report the total gross amount of the distribution on line 16a and the taxable amount of the distribution on line 16b on your 2016 federal income tax Form 1040.

Saying thanks

Members of the Retiree Programs’ quilting class held a quilting bee at the 1 Police Plaza auditorium on March 12 in order to make quilts that will be presented to the families of police officers who died on 9/11.

2017 sales tax break for New York, Florida and other states’ residents

Federal tax law allows taxpayers who elect to itemize deductions to deduct their state and local: income taxes or sales taxes, but not both, to reduce their federal income tax.

Stay informed on pension issues

I have asked Debra Penny, a teacher-member of the New York City Teachers’ Retirement Board and the UFT liaison to the RTC, to be a guest columnist this month. From time to time, we invite members to offer timely information that can be helpful to our readers.


March 1, 2018

Facing our latest challenge

Two years ago, public employee unions and all of organized labor narrowly escaped a bad decision by the Supreme Court in the Friedrichs case when Justice Antonin Scalia died. But as my predecessor Tom Pappas always reminds us: “The bad guys never go away.”

February 1, 2018

Retiree Health Rate Changes
Are you a 50-, 60- or 70-year member?

If you have been a UFT union member for 50, 60 or 70 consecutive years, you might be eligible for the UFT 50-, 60- or 70-Year Membership and Service Award.

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