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Secure Your Future

Pension options to consider

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.

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.

Sessions now remote

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

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. 

Planning to retire in 2021?

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

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.

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.