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What are the benefits of participating in the TDA Program?
First, your contributions are deducted from your paycheck before taxes are taken out; as a result, your current taxes are lower. (For New York residents, this includes federal, state and local taxes. Please check with your accountant about state...
How may I enroll in the TDA Program?
If you have a username and password on the TRS website at www.trsnyc.org , you can enroll in the TDA Program online at any time. When you enroll in the TDA Program, you should also designate a TDA beneficiary, which is available on the TRS website...
Do I need to re-enroll in the TDA Program each year?
No. Your contributions automatically continue into the next year. However, you may change your contribution rate on the Teachers' Retirement System website at www.trsnyc.org or by filing a hardcopy TDA Contribution Rate Change Form. BERS members may...
What are the investment options for my Tax-Deferred Annuity (TDA)?
The TRS Passport Funds provide six investment offerings: The Fixed Return Fund offers a guaranteed rate of return set by the New York State Legislature. The current 7 percent annual rate is guaranteed in accordance with applicable laws. The...
What are the eligibility requirements for taking a pension loan?
You may be eligible for a loan from your pension fund account (Qualified Pension Plan or QPP) if: you are either an in-service member or on a leave of absence, you are not in default on an existing pension loan. as a Tier I or II member, you have at...
What are the eligibility requirements for taking a TDA loan?
You may be eligible for a TDA loan if you have participated in the TDA Program for at least one year; you are an in-service member, or you are on a leave of absence, or you have TDA Deferral status; you are not in default on an existing TDA loan. You...
What do I do if I get injured at school?
You must notify your principal and submit a Comprehensive Injury Report within 24 hours of any accident or injury on school grounds or while on school business. The only exception is if you are unable to do so because of your injury or other...
Who is covered under Injury in the Line of Duty?
All teachers, guidance counselors, secretaries, social workers, school psychologists, career and technical teachers (CTEs), and lab specialists are covered by ILOD. Paras are covered for up to one year in cases of assault; otherwise they should apply...
Do I have to go to the DOE Medical Division if I am the victim of a line of duty injury?
That depends on how badly you are injured. If you anticipate being out of work for 10 days or less, your superintendent can approve your request for ILOD (Injury in the Line Of Duty) status upon receipt of your documentation. An ILOD claim cannot be...
I didn’t fill out an accident report on the day that I was injured on the job. Is it too late to file a claim for Injury in the Line of Duty?
You must report the accident or incident to the principal or designee before the close of business on the day of the injury but no later than 24 hours after the incident. If you can’t report an injury the chapter leader or designee can do it for you...