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Teachers' Retirement System of the City of New York

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Can I hold membership in two City retirement systems at the same time? FAQs: No. The Administrative Code of the City of New York prohibits simultaneous membership in two city retirement systems.
If I retire with deferred payability...? FAQs: Yes. You may do so by filing a TDA Withdrawal Application (code TD32) or online equivalent.
How are Rollovers different from Direct Payment Withdrawals? FAQs: If you make a Direct Withdrawal, TRS sends the withdrawn amount directly to you.
When will my TDA deductions take effect? FAQs: In general, your deductions would take effect with the first payroll that occurs at least 60 days after TRS receives your elections through the TDA feature in the secure section of our website, or paper form: the TDA Enrollment Form (code TD1) for new participants, and t...
June 20, 2013 Board Meeting Minutes Minutes
What determines the number of units that a member has? FAQs: In-service members may elect to invest contributions in the Passport Funds: all members may invest their TDA contributions; Tier I and Tier II members may invest their pension contributions.
If I stop contributing to the Qualified Pension Plan...? FAQs: No. Your maximum TDA contribution amount is set by federal law.
On the EFT Authorization Form...? FAQs: Members should contact their bank to determine if the money market account is considered a checking or a savings account.
How may I learn more about the performance of TRS' investments? FAQs: TRS includes semi-annual investment updates in our In-Service News and Benefits Report newsletters, analyzing the performance of our investment programs; these publications regularly contain additional articles helping you understand how TRS' investments work for you.
How much must I contribute to the QPP as a Tier I or II member? FAQs: TRS determines a Certified Rate of Contribution for you based on factors such as your age and credited prior service.