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In uncertain times, count on a defined-benefit pension

While the opening of school this fall has been surrounded by uncertainty, one thing you can count on is your defined-benefit pension, thanks to the Teachers’ Retirement System and the UFT.

CARES Act allows easier access to retirement funds

The Coronavirus Aid, Relief and Economic Security Act passed by Congress in early April allows easier access to retirement funds for those U.S. residents still working but in financial need.

Pandemic and your pension

The coronavirus pandemic has had a serious impact on financial markets around the world. Many U.S. families have lost savings.

Demystifying terminology

Members of the city’s Teachers’ Retirement System receive many TRS communications and have access to TRS publications that may include unfamiliar words and phrases. This column defines some of those.

Prior service worth money in your future

Were you employed by New York City or New York State before joining the Teachers' Retirement System or the Board of Education Retirement System?

Your passport to earning

The Teachers’ Retirement System Passport Funds are diverse investment choices carefully designed to help TRS members who participate in the Tax-Deferred Annuity (TDA) Program save for retirement. Here is an overview of the funds that will be...

Save for a sound retirement

Retirement can seem a long way off when you’re in your 20s, 30s or even 40s. But the decisions you make when you’re young can help ensure you have a secure retirement.

Pension benefits in a nutshell

With the start of a new school year, we know you’re busy with new students. But while you’re busy thinking about others, the start of the school year is also an excellent time to think about securing your own future.

Passport Fund choices will change in 2020

Next year TRS members’ investment choices, collectively known as the Passport Funds, will change. TRS plans to add two funds and discontinue a third.

Filing for retirement, step by step

It's the time of year when many TRS members are thinking about retirement. If you are considering this major step when the school year ends, here are some things to think about or do.