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Pension clinic: All About Your Tax-Deferred Annuity (TDA)

At this workshop for UFT members enrolled in the Teachers' Retirement System, we will discuss the Passport Funds, your TDA choices at retirement, the rules about the Required Minimum Distribution and an overview of the Tax-Deferred Annuity section of your online TRS account.

Pension clinic: exploring your online TRS account

At this online workshop for UFT members enrolled in the Teachers' Retirement System, participants will gain a better understanding of their online TRS accounts. The pension department will provide an overview of each section of the TRS online service and explain how to update beneficiaries, take out loans, use the online payment system and more. Registration information will be available shortly.

Your financial well-being

Because you are a UFT member, you are well on your way to long-term financial well-being. That’s because when you retire, you will have a defined-benefit pension, as rare today as it is valuable.

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...

TRS to divest Russian holdings

The trustees of the New York City Teachers’ Retirement System voted on March 7 to divest its holdings in Russian securities in protest of the war against Ukraine launched by Vladimir Putin. “We have to stand up for justice,” said UFT President...

Your retirement timeline

Whether you are a new member, in mid-career or close to retirement, there are steps you can take to learn about your pension benefits and stay on track as you progress down the road to a financially secure retirement.

Designating your beneficiaries

You possess a valuable financial asset from participating in a defined-benefit pension system and saving money in a tax-deferred annuity. That’s why it’s important to designate beneficiaries, keep your beneficiary designations current after life...

Automatic TRS pensions won for full-time paras

Decades of UFT advocacy bore fruit for the union’s paraprofessionals on Oct. 29 as a newly enacted state law guaranteed all UFT-represented full-time paraprofessionals — on the job now and in the future — will automatically become members of the...

How much will be deducted from my pension for union dues once I retire?

Union dues for members of the Retired Teachers Chapter (RTC) are 0.4 of 1% based on their retirement allowance.

What is a deferred pay date?

A deferred pay date is only applicable if you have yet to meet the age of retirement and will be collecting your pension at a later time.