2.1 Categories. Employees are classified as either (1) Regular Full-Time; (2) Regular Part-Time; (3) Other Part-Time; (4) Temporary; or (5) Per Diem. 2.1.1 Regular Full-Time Employee. A Regular Full-Time Employee is an Employee covered by this...

Yes, but the required age differs depending on when you joined the retirement system and what pension tier you are in. To find out the minimum age you must reach before collecting full or reduced pension benefits, you can speak to a pension...

The state laws governing the public employee pensions have changed over time. Usually the changes do not apply to people who have already joined the retirement system — in other words, the new pension plan applies only to future members. So the rules...

In addition to the defined benefit Qualified Pension Plan, the Teachers’ Retirement System and the Board of Education Retirement System offer a voluntary program, the Tax-Deferred Annuity (TDA) that allows you to save additional money for your...

In some cases, Tiers III, IV and VI members can purchase service credit for certain employment they had before joining TRS. For your service to be eligible, the work had to have been rendered while you were in public employment in New York City or...

It is very important to choose a beneficiary or beneficiaries so you can be sure that if you die while you are still working for the New York City public schools the person(s) you choose receives your death benefit, instead of leaving it up to the...

Being in the retirement system gives you the security of knowing that if you complete the minimum requirements you will receive a monthly pension allowance for the rest of your life after you retire. If you also enroll in the Tax-Deferred Annuity...

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...