Skip to main content
Full Menu
Tags Group

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...

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. Members must register on the site if they do not already have a username and a password.

Purchasing credit for prior service

If you were a public employee who worked for New York City or New York State before joining the Teachers’ Retirement System or the Board of Education Retirement System, you may be able to purchase credit for that prior service and increase your Total...

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.

Pension options to consider

Experiencing a pandemic can be life-changing, especially for essential workers like UFT members who face its challenges every day. Sometimes that kind of experience makes people reevaluate their lives and their goals. They move, they reconnect with...

Planning to retire in June?

We outline the steps you need to take if you're planning to retire in June and give you a schedule of remote pension clinics, presented by UFT special pension representatives, tailored to your tier.