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Our Retirement Board

The Teachers' Retirement Board, a seven-member Board, sets policy and oversees TRS' operations. The Board's meetings are streamed live from our website and are then available for on-demand viewing.

Next Live Webcast: Board Meeting, December 15, 2022 @ 3:30 p.m.


Board Members

Three TRS members ("Teacher Members") are elected to the Board and serve three-year terms. The Mayor appoints two of the Board members, one of whom must be a member of the Department of Education's Panel for Education Policy. The other two Board members are the Comptroller of the City of New York and the Chair of the Department of Education's Panel for Educational Policy. Each may designate a representative to act in his or her behalf.
 
The Retirement Board currently consists of the following members, with additional appointees to be named:
  • Debra Penny (Chair), Teacher Member
  • Bryan Berge, Mayor’s appointee
  • Thomas Brown, Teacher Member
  • David Kazansky, Teacher Member
  • Brad Lander, Comptroller of the City of New York
  • Seritta Scott, DOE Panel for Educational Policy

Board Meetings

The Teachers' Retirement Board generally meets each month, except July and August. Teachers' Retirement Board Meetings are usually held at TRS on the third Thursday of the month at 3:30 p.m.

The Board's Finance Committee holds TRS Investment Meetings each month, except July and August. TRS Investment Meetings are usually held at TRS on the first Thursday of the month at 10:00 a.m., and they focus on investment matters that are unique to TRS, such as the Passport Funds.

Meetings are open to the public. Meetings held at TRS take place in the Nelson E. Serrano Boardroom on the 16th floor of our 55 Water Street headquarters in lower Manhattan.

Corporate Governance