Secure your future
History of the UFT pension plan
New pension plan tiers come into existence when the state Legislature enacts new laws that change benefits, contribution rates and service requirements. But a pension tier is never set in amber. Over the past 40 years, legislative amendments to each pension tier narrate a tale of continuous advocacy by the UFT, NYSUT and other public employee unions.
It’s a good time to review your pension
The start of a new school year is a good opportunity to review the basics of membership in the Teachers’ Retirement System or the Board of Education Retirement System.
3 reasons to love our pensions
As UFT members employed by the city Department of Education, it is important to understand the crucial role pension plans play in attracting and retaining talented educators and other school staff and ensuring financial security in retirement.
The importance of service credit
A key factor in calculating your retirement allowance under the Qualified Pension Plan (QPP) is your Total Service Credit. It helps to determine whether you’re eligible to retire and the amount you’ll receive when you do.
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.