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Secure your future

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.

TRS goes paperless

In the fall of 2018, the Teachers’ Retirement System announced an operational change that will save money and be good for the environment: TRS stopped mailing paper Quarterly Account Statements to retirement system members it can reach via email.

Understanding TRS’ Passport Funds

Learn how monthly unit values are calculated for variable return Passport Fund investments with the Teachers' Retirement System.

Your pension: A valuable union benefit

Most members of the UFT are lucky to be among the minority of U.S. workers who still have a traditional defined-benefit pension that provides regular payments for life based on a formula that takes into account years of service, salary and age.

Social Security must be safeguarded

Social Security is not ONLY a retirement plan. It's the single most efficient, multi-faceted social insurance program ever developed in this nation. As an anti-poverty measure, nothing has been more effective. But it's been mischaracterized by its opponents.

Retiring in June? Take these steps first

If you are planning to retire at the end of June, this is the time to start thinking about what you need to do. Members of TRS and BERS often retire immediately after the school year ends. If you are considering this major step, you should attend to the following items now.