Secure your future

March 2, 2017

Why we must reject a constitutional convention

Every 20 years, New York State holds a referendum that asks voters if they want to hold a convention to revise or amend the state’s constitution. When the question appears on the ballot on Nov. 7, we are asking you to vote “no,” and here’s why.

February 2, 2017

It’s simple to update beneficiaries

Would you believe it? More than 26,000 Teachers’ Retirement System members — approximately 22 percent of our members — have not filed a form designating one or more beneficiaries for their Qualified Pension Plan accounts.

January 5, 2017

Marking the birth of a pension system

The Teachers’ Retirement System is approaching a historic milestone: It will celebrate its 100th anniversary this year.

December 1, 2016

Financial security still a labor priority

Nearly half of all families in this nation have not saved for retirement.

November 3, 2016

Social Security benefit gets slight increase

The Social Security Administration announced a cost-of-living adjustment of 0.3 percent in 2017, an increase that will affect more than 65 million Social Security and Supplemental Security Income recipients.

October 6, 2016

A great way to save: Tax-Deferred Annuity

The third week in October is National Save for Retirement Week. Congress began this effort in 2006 to raise awareness about the importance of retirement savings.

September 8, 2016

Union keeps working to protect your pension

The UFT and its allies — the American Federation of Teachers, the AFL-CIO, the National Conference on Public Employee Retirement Systems and the National Education Association — are leading the fight to protect public pensions.

July 7, 2016

Union foils latest pension attack

The legislative session that recently ended in Albany is a lesson in why we, at the UFT, remain on the lookout when it comes to our members and their pensions.

June 2, 2016

A proposal to enhance retirement security for all Americans

Thanks to the strength of the and its negotiating power, the salaries of UFT members employed by the Department of Education have regularly increased. When they retire, members receive a defined-benefit pension, employer-provided health insurance that eventually supplements Medicare and, for most members, income from a Tax-Deferred Annuity.

May 5, 2016

Understand your pension choices

When you retire, you have another important decision to make: “Should I take the Maximum Retirement Allowance or select an option that provides for beneficiaries but reduces my monthly pension check?”

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