Secure your future

January 16, 2014

With the new year, a new look at our benefits

Many members of the Teachers' Retirement System are unaware of their benefits. This column focuses on explaining the death benefit available tot he vast majority of members.

December 19, 2013

Americans love Social Security

Polls show that the 1935 Social Security Act is one of the most beloved and popular laws ever enacted in our country.But a proposed change to the cost-of-living adjustment could erode Social Security benefits.

November 14, 2013

Many in nation face insecure future ...

The country's senior population has for decades had one of the lowest poverty rates. But poverty among seniors is now rising slightly due to the combination of longer life expectancy and the decline of traditional pensions.

October 17, 2013

In lieu of that Powerball Jackpot

Next week is National Save for Retirement Week. What better time to review the wonderful supplementary retirement savings plan available to members of the Teachers’ Retirement System? This is the Tax-Deferred Annuity (TDA) program, which since it began in February 1970 has become one of the most valuable and popular benefits that the UFT has achieved for its members.

September 5, 2013

Local elections and your financial security

This is going to be an exciting school year, starting with the primary elections on Sept. 10 for mayor, comptroller and other city offices. In our city, the mayor and comptroller play important roles in protecting the retirement security of UFT members.

June 27, 2013

Retirement planning during the summer

Summer is a great time for retirement planning.

June 13, 2013

Social Security benefits us all

Social Security is once again under attack by conservatives who are fanning false fears of the program going broke as an excuse for cutting benefits. It is important to counter their rhetoric with facts, including about the far-reaching impact of this vital program to our state as well as the nation.

May 30, 2013

Planning and filing for retirement

Most Teachers’ Retirement System members prefer to come in person to hand in their retirement applications and attachments. Of the 1,198 retirement applications received this school year by the retirement system, only 22 were mailed in. Most Teachers’ Retirement System members prefer to come in person to hand in their retirement applications and attachments. Of the 1,198 retirement applications received this school year by the retirement system, only 22 were mailed in. Bringing the application in person allows members to get a receipt and have their applications reviewed for completeness.

May 16, 2013

Pension fund does well by doing good

A small percentage of our retirement funds are invested in creating affordable housing and jobs in New York City neighborhoods. Called economically-targeted investments, these initiatives earn us market-rate returns. We do well by doing good.

May 2, 2013

The risks of not naming a beneficiary

A widower applied for a Teachers’ Retirement System death benefit after his wife passed away. When the retirement system checked the beneficiary designation it had on file, it discovered that before the couple had married, the wife had named her sister as beneficiary.

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