Retirement fund loans
One of the many benefits provided by the Teachers’ Retirement System and the Board of Education Retirement System the ability to borrow against your Qualified Pension Plan and Tax-Deferred Annuity accumulations.
Labors of Hercules, UFT-style
There was no service interruption in the UFT Pension Department as employees, working remotely for the first time, handled an influx of retirement queries.
Build nest egg with tax-deferred annuity
The Teachers’ Retirement System’s Tax-Deferred Annuity Program is an excellent way for eligible UFT members to save money for retirement to supplement their defined-benefit pension. If you’re not already enrolled, start building your nest egg now.
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.