The IRS has announced how much employees can contribute to their tax-deferred annuity account in the 2025 calendar year.

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...

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.

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...

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...

Dues are .004 of retirement allowance for members who retired after July 1, 1984. Members who retired before July 1, 1984 and after July 1, 1970 pay $36 annually. Members who retired prior to July 1, 1970 pay $18 annually.

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.

In 2000, after several frustrating years, the UFT, NYSUT and the rest of the state’s labor movement convinced New York State to provide an annual, permanent cost-of-living adjustment (COLA) to retiree pensions.

Administrative Education Officers and Administrative Education Analysts are eligible for membership in the Teachers’ Retirement System of the City of New York. Employees who are already members of another NYC retirement system may transfer membership...