At this meeting,  a quorum was present and the Board took the following action by unanimous consent: 

• Approved a modification to the Fiscal Year 2026 budget to provide for incumbent minimum salary increases for eligible TRS employees.

The Board took the following action by majority vote:

• Authorized salary increases for certain Bureau of Asset Management job titles that are paid by TRS corpus funds, contingent on the approval of other New York City Retirement Systems.

At this meeting, a quorum was present and no actions were formally voted upon.

At this meeting, a quorum was present and no actions were formally voted upon. 

At this meeting, a quorum was present and no actions were formally voted upon.

• Approved a resolution authorizing the Comptroller to invest certain Qualified Pension Plan funds.
• Approved a resolution authorizing the Comptroller to invest certain Tax-Deferred Annuity Program funds.
• Approved a resolution, effective December 1, 2025, that authorizes a $55 loan service charge for Tax-Deferred Annuity loans and Tiers 3, 4, and 6 Qualified Pension Plan loans.

At this meeting, a quorum was present and no actions were formally voted upon.

At this meeting, a quorum was present and the Board took the following actions by unanimous consent.

At this meeting, a quorum was present and no actions were formally voted upon.

At this meeting, a quorum was present and no actions were formally voted upon.

At this meeting, a quorum was present and the Board took the following actions by unanimous consent:

• Reelected Thomas Brown to the position of Chairperson of the Board of Trustees for a one year term ending May 2026.
• Approved a resolution to implement the Actuary's internal fund rebalancing recommendation.
• Approved the Actuary’s calculation of the final Fiscal Year 2025 Employer Contribution to TRS.
• Approved a resolution adopting the Administrative Budget for Fiscal Year 2026.

At this meeting, a quorum was present and no actions were formally voted upon.

At this meeting, a quorum was present and no actions were formally voted upon.

At this meeting, a quorum was present and the Board took the following actions by unanimous consent.

• Approved a resolution authorizing the Comptroller to invest certain Qualified Pension Plan funds.
• Approved a resolution authorizing the Comptroller to invest certain Tax-Deferred Annuity Program funds.
• Approved the Actuary’s preliminary calculation of the Fiscal Year 2026 Employer Contribution to TRS.
• Approved a modification to the Fiscal Year 2025 budget to implement recent legislation permitting certain transfers from the Board of Education Retirement System and to administer the Gulino settlement.

At this meeting, a quorum was present and no actions were formally voted upon.

At this meeting, a quorum was present and the Board took the following actions by unanimous consent:

• Approved a modification to the TDA’s Fiscal Year 2025 budget to implement the phase out of TDA loan insurance and related premiums.  
• Adopted amendments to the TRS Bylaws.

At this meeting, a quorum was present and no actions were formally voted upon.