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Planning to retire in June?

We outline the steps you need to take if you're planning to retire in June and give you a schedule of remote pension clinics, presented by UFT special pension representatives, tailored to your tier.

Labors of Hercules, UFT-style

There was no service interruption in the UFT Pension Department as employees, working remotely for the first time, handled an influx of retirement queries.

Build nest egg with tax-deferred annuity

The Teachers’ Retirement System’s Tax-Deferred Annuity Program is an excellent way for eligible UFT members to save money for retirement to supplement their defined-benefit pension. If you’re not already enrolled, start building your nest egg now.

Automatic COLA increase

In 2000, after several frustrating years, the UFT, NYSUT and the rest of the state’s labor movement convinced New York State to provide an annual, permanent cost-of-living adjustment (COLA) to retiree pensions.

Tom Brown re-elected to TRS board

Tom Brown, the UFT’s assistant treasurer, was re-elected last spring as a trustee on the Teachers’ Retirement System board and will serve a new three-year term.

In uncertain times, count on a defined-benefit pension

While the opening of school this fall has been surrounded by uncertainty, one thing you can count on is your defined-benefit pension, thanks to the Teachers’ Retirement System and the UFT.

CARES Act allows easier access to retirement funds

The Coronavirus Aid, Relief and Economic Security Act passed by Congress in early April allows easier access to retirement funds for those U.S. residents still working but in financial need.

Pandemic and your pension

The coronavirus pandemic has had a serious impact on financial markets around the world. Many U.S. families have lost savings.

Demystifying terminology

Members of the city’s Teachers’ Retirement System receive many TRS communications and have access to TRS publications that may include unfamiliar words and phrases. This column defines some of those.

Pension benefits in a nutshell

With the start of a new school year, we know you’re busy with new students. But while you’re busy thinking about others, the start of the school year is also an excellent time to think about securing your own future.