Thanks to the strength of the union and its negotiating power, the salaries of UFT members employed by the DOE have regularly increased. When they retire, members receive a defined-benefit pension, employer-provided health insurance that eventually supplements Medicare and, for most members, income from a Tax-Deferred Annuity.

When you retire, you have another important decision to make: “Should I take the Maximum Retirement Allowance or select an option that provides for beneficiaries but reduces my monthly pension check?”

Remember the old joke, "If I knew I was going to live so long I would have taken better care of myself"?

Thirty million Americans used money from their retirement savings to respond to an emergency in the past year.

It's important that every member of TRS review and update beneficiary forms after a marriage, the birth of children, a divorce or any change in familial circumstances.

With tax documents arriving in the mail and while finances are on the brain, it’s a good time to review a valuable resource you should take advantage of: the Tax-Deferred Annuity program.

In-service members can sleep well at night knowing that the union has your back if you are seriously injured on the job or suffer a debilitating medical or emotional disability.

One of the most difficult topics to contemplate is what will happen to your family after you die. It probably will be upsetting for your spouse or children to discuss as well.

Did you know that more than 70 percent of Teachers’ Retirement System members participate in the Tax-Deferred Annuity program? The TDA is designed to help TRS members build a more secure retirement while at the same time reducing what they have to pay in taxes each year.

With the start of a new school year, we are excited to bring you information you need to secure your future.