Save for a sound retirement
Retirement can seem a long way off when you’re in your 20s, 30s or even 40s. But the decisions you make when you’re young can help ensure you have a secure retirement.
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.
Passport Fund choices will change in 2020
Next year TRS members’ investment choices, collectively known as the Passport Funds, will change. TRS plans to add two funds and discontinue a third.
Filing for retirement, step by step
It's the time of year when many TRS members are thinking about retirement. If you are considering this major step when the school year ends, here are some things to think about or do.
TRS goes paperless
In the fall of 2018, the Teachers’ Retirement System announced an operational change that will save money and be good for the environment: TRS stopped mailing paper Quarterly Account Statements to retirement system members it can reach via email.
Understanding TRS’ Passport Funds
Learn how monthly unit values are calculated for variable return Passport Fund investments with the Teachers' Retirement System.
Your pension: A valuable union benefit
Most members of the UFT are lucky to be among the minority of U.S. workers who still have a traditional defined-benefit pension that provides regular payments for life based on a formula that takes into account years of service, salary and age.
Social Security must be safeguarded
Social Security is not ONLY a retirement plan. It's the single most efficient, multi-faceted social insurance program ever developed in this nation. As an anti-poverty measure, nothing has been more effective. But it's been mischaracterized by its opponents.
Retiring in June? Take these steps first
If you are planning to retire at the end of June, this is the time to start thinking about what you need to do. Members of TRS and BERS often retire immediately after the school year ends. If you are considering this major step, you should attend to the following items now.
Social Security changes in 2019
Social Security and Supplemental Security Income benefits for more than 67 million Americans will increase 2.8 percent in 2019, the Social Security Administration announced in October.