Account statements for the period ending September 30, 2026 are now available for online viewing in the secure section of our website.

Account statements have a new look, and members will receive a separate statement for each account they have with TRS.  All nonretired members receive a QPP Account Summary for their Qualified Pension Plan (QPP) account. Participants in the Tax-Deferred Annuity (TDA) Program receive a TDA Account Summary and/or a Roth Account Summary, as applicable.

To view your available statements, please log in to the secure section of our website and choose Documents.

Account information as of September 30, 2026 is now available in the secure section of our website. In-service members can log in to see their latest account balances, plus loan information and investment elections. Retirees with a TDA account can view their latest TDA account balances, plus investment elections, loans, and RMD information.

The next Board Meeting will be held on Thursday, October 15, 2026. The next regular Investment Meeting of the Teachers' Retirement Board will be held on Thursday, November 5, 2026. Normally, meetings are streamed live on TRS' website and are available for on-demand viewing within two business days.

This year's annual cost-of-living adjustment (COLA) for eligible retirees is 1.7%, and it took effect with the September 2026 retirement allowance payments. This adjustment is calculated on the lesser of the retiree's fixed maximum retirement allowance or $18,000.

September unit values for the variable-return Passport Funds are now available. Unit values are based on each portfolio's closing market value as of the end of the preceding month.

The New York State budget for 2026-27, known officially as Chapter 58 of the Laws of 2026, was passed last week. Chapter 58 includes a provision allowing Tier VI members of TRS who have at least 30 years of Total Service Credit to retire as early as age 58 with no age-based pension reduction. Chapter 58 does not change pension contribution rates for TRS members, as it does for Tier VI members of some other retirement systems.

TRS will publish more information about the provisions of Chapter 58 in the future.  

The TRS website has a fresh new look! We’ve redesigned the homepage so that it’s easier to find popular topics, and the Menu button at the top left of every page is your gateway to TRS information. Learn more.   

Members who are 73 or older this year and have a TDA account must receive a Required Minimum Distribution (RMD) for 2026. TRS will mail notification letters to members at the end of April and will send email notifications when the letters can be viewed online. But for those who already know how and when they want to receive this year’s distribution, the online RMD election form is available now in the secure section of our website.

The RMD filing period ends on September 30 this year. Please refer to your notification letter for details about this and other schedule changes for 2026

Qualifying members who worked in the World Trade Center Rescue, Recovery, or Cleanup Operations between September 11, 2001 and September 12, 2002 may file a Notice of Participation (code DI40) with TRS. Beneficiaries of qualifying members who died without having filed this form may file the beneficiary version of the Notice of Participation (code DI40b). TRS must receive the Notice of Participation and, if applicable, an Authorization for Release of Health-Related Information (code DI47) by September 11, 2026.

Please see the World Trade Center Presumptive Disability and Death Benefit Laws information sheet for a list of qualifying conditions or impairments of health and other important information.

TRS will send certain class members of Gulino v. Board of Education an invoice for pension contributions that must be paid in order to receive pension credit from TRS. The mailings will continue until all affected class members are contacted. 
 
TRS representatives cannot answer questions about this mailing or any other aspects of the litigation. Additional information regarding Gulino can be found at the Gulino website at www.gulinolitigation.com.