Skip to main content
Full Menu Close Menu

Secure your future

Social Security changes in 2019

Social Security and Supplemental Security Income benefits for more than 67 million Americans will increase 2.8 percent in 2019, the Social Security Administration announced in October.

Death benefits

Here is some important information about death benefits offered by the Teachers’ Retirement System and the Board of Education Retirement System for in-service members in Tiers 3, 4 and 6.

6 investment choices lead to peace of mind

Members of the Teachers’ Retirement System or the Board of Education Retirement System have a voluntary, supplemental savings plan, the Tax-Deferred Annuity, that can help ensure their retirement security.

UFT members enjoy gold-standard pensions

The majority of UFT members participate in a defined-benefit pension, the gold standard of retirement plans. A defined-benefit pension guarantees a lifetime annuity — regular payments based on a formula. This formula takes into account your years of service, your salary and your age. With a defined-benefit pension, you don’t have to worry about the vagaries of the stock market. The amount of the pension benefit remains the same each month throughout your retirement.