Experiencing a pandemic can be life-changing, especially for essential workers like UFT members who face its challenges every day. Sometimes that kind of experience makes people reevaluate their lives and their goals. They move, they reconnect with family and friends, they change jobs and sometimes they retire sooner than planned.
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.
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.