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Teachers' Retirement System of the City of New York

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What happens if a loan check never reaches my home? FAQs: TRS will place a stop-payment on a lost loan check if you file an Affidavit for Check Reissue Request (and Authorization to Stop Payment) (code BK2) .
What should I do if my check is late, lost, or stolen? FAQs: TRS will place a stop-payment on a lost check and reissue your check if you file an Affidavit for Check Reissue Request (and Authorization to Stop Payment) (code BK2).
How are Direct Rollovers different from Direct Withdrawals? FAQs: If you make a Direct Withdrawal, TRS sends the withdrawn amount directly to you.
What are the eligibility requirements for a hardship withdrawal? FAQs: You may request to withdraw all or part of your post-1988 TDA contributions if a sudden and heavy financial hardship leaves you unable to reasonably meet certain expenses, and other resources are unavailable to you.
How do I repay a loan? FAQs: Loans are normally repaid through payroll deductions, although several exceptions apply. Alternatively, members can make loan payments or pay off a loan in the secure section of our website.
How many months do I have to repay a loan? FAQs: Tier I and II members must repay QPP loans within four years.
What does the number of loan payments mean in terms of months? FAQs: The number of payment periods for a loan is generally two per month.
May I roll over an outstanding or defaulted loan balance? FAQs: The following loan amounts may be eligible for a rollover:
May I use a direct withdrawal to pay off a TDA loan? FAQs: Yes. You may use the withdrawn money at your discretion.
May 15, 2014 Board Meeting Minutes Minutes