The Tax-Deferred Annuity (TDA) program is an excellent way for eligible UFT members to save extra money that will allow them to fully enjoy retirement. They can defer paying federal income taxes on their TDA, which lowers income taxes during their working lifetime.

The start of the school year is an excellent time to think about yourself and the best way to secure your future.

The UFT's Tax-Deferred Annuity (TDA) Program is one of the most popular benefits the union has won for its members, with more than 120,000 in-service members and retirees participating.

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.

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.

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

In response to the coronavirus pandemic, the UFT Pension Department has transitioned pension clinics and workshops from in-person events to remote sessions.

If you’re thinking of retiring in 2021, it’s time to start planning.

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.

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.