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Secure Your Future

retirement finance

Five-year vesting

All TRS and BERS members are now considered vested after they have completed five years of service in the pension system. 

Tax return generic

TDA contribution limits to increase in 2023

The Internal Revenue Service has announced that the maximum contribution people may make to their Tax-Deferred Annuity accounts will increase in 2023.

Retirement calculator

TRS self-service website

The TRS website was built to enable members to manage their accounts on their own schedules, and TRS routinely adds features.

retirement finance

Purchasing prior service credit

If you were employed by New York City or New York State prior to working for the city Department of Education, you may be able to buy prior service credit that would increase the size of your prospective service pension and may more quickly qualify you for retirement benefits.

retirement finance

Tax-Deferred Annuity program

By investing part of your paycheck in a tax-deferred annuity, you take an important step toward a secure retirement.

Welcome to pension

Welcome to the pension system

As members of the UFT, you are entitled to a benefit that is becoming as rare as it is important — a traditional defined-benefit pension plan, the gold standard of retirement plans, which guarantees a lifetime annuity of regular payments based on your years of service, your salary and your age.