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May I transfer an outstanding loan balance to another retirement system?

You may transfer the amount of your outstanding QPP loan if you are transferring your membership to one of the following retirement systems: the New York City Board of Education Retirement System; the New York City Employees' Retirement System; the New York State Teachers' Retirement System; or the New York State and Local Employees' Retirement System. In addition, if you are transferring your membership to the Board of Education Retirement System, you may transfer your outstanding TDA loan balance. The other retirement systems previously mentioned currently do not maintain a TDA loan program; therefore, your TDA loan balance cannot be transferred.