You may update your permanent home address and/or other contact information by logging in to the TRS website. Any updated information that you provide to TRS through their website will take effect immediately. 

As an alternative, TRS in-service members and retirees may also use this form to update their address with TRS. Upon receipt of this form, TRS will update its records with your new permanent home address and/or other contact information and will direct all future communications to the home address and/or other contact information that you indicate in “Part B.”

TRS will send you a written confirmation of all changes whether you use the online or paper form.

Beneficiaries who are receiving monthly benefit payments should instead file the “Beneficiary’s Change of Address Form” which is available on the TRS web site. 

The federal SECURE Act 2.0 has raised the age at which individuals must begin taking required minimum distributions (RMDs) from their retirement accounts to 73, as of January 2023. The RMD age has increased to 73 for people who turn age 72 after 2022 and age 73 before 2033. For people who turn age 74 after 2032, the RMD age will be 75.

The SECURE 1.0 Act in 2019 increased the RMD age to 72 (for people born on or after July 1, 1949). Prior to the SECURE Act 1.0, the RMD age was 70 1⁄2.

See more information about important rules, dates and benchmarks related to RMDs. 

A deferred pay date is only applicable if you have yet to meet the age of retirement and will be collecting your pension at a later time. 

As a UFT member, you have two sources from which to borrow money. If you are in pension tiers 3, 4 or 6, you can borrow from your Qualified Pension Plan (QPP) against your Member Contribution Accumulation Fund and against part of your additional member contributions. You may also borrow from your Tax-Deferred Annuity (TDA) account.

The maximum amount you can borrow from your pension and your TDA is $50,000, provided you have sufficient funds in those accounts.

Loans from those account are typically available within two weeks after you apply and, under normal circumstances, are not taxable.

Both have convenient repayment plans. The interest rate for TDA loans is 7% per year and the interest rate for QPP loans is 6% per year.

For more information, see the Teachers' Retirement System (TDA) FAQ page*

Yes, you may request an appointment with a specific pension consultant by name, but it is not a guarantee that you will be able to schedule a consultation with that person. To schedule a consultation at your borough office, call 212-331-6311

The Teachers' Retirement System (TRS) issues this individualized report each fall to in-service members and members on a leave of absence for up to seven school years. The statement summarizes the members' Total Service Credit and lists their designated beneficiaries. Benefit estimates and benefit projections are also provided to certain retirement-eligible members. This information is reported as of the previous June 30.

To see your statement, go to the TRS page at: https://www.trsnyc.org/.

Members can purchase service credit for certain employment they had before being employed by the NYCDOE. For your service to be eligible, the work had to have been rendered while you were in public employment in New York City or New York State. Generally, any New York City or New York State service rendered prior to your membership date may count as pensionable service. 
 

Members should contact TRS as soon as they are appointed to buy back any prior NYC or NYS service. 

Members should access their online Annual Benefit Statement from the TRS website at https://trsnyc.org/.  Once a member sets up a TRS account, they can access these items and find a record of their total service history.

It depends upon your years of service, your age of retirement, date of appointment, final average salary, and your pension tier, so it is highly individual. Attend a pension workshop or clinic to learn more. See upcoming events on the UFT website at: https://www.uft.org/your-benefits/pension/pension-clinics. 

You are entitled to an individual preliminary pension consultation any time before you retire to answer your questions and get an estimate of your pension payments and other benefits. Call your UFT borough office for an appointment.

If they are the retiree's pension beneficiary, they can contact the Teachers' Retirement System (TRS) and the UFT Pension Department.  

A member's beneficiary (or representative) must first submit a certified or original death certificate to TRS for the member; (s)he must also submit a Claimant's Statement (code DB17). TRS will inform them of additional documentation and forms they may have to file.

For more information, please see the Guide to Death Benefits for Beneficiaries of Retired Members or the Guide to Death Benefits for Beneficiaries of Non-Retired Members.