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Teachers' Retirement System of the City of New York

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May 15, 2014 Board Meeting Minutes Minutes
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.
If I retire with deferred payability...? FAQs: Yes. You may do so by filing a TDA Withdrawal Application (code TD32) or online equivalent.
Can I receive an estimate of the amount I would receive per month if I annuitized my TDA funds? FAQs: Yes, you can request a TDA estimate and it will be mailed to your address on file, once it has been generated.
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.
What should I do if I believe there is an error in the amount of pension deductions taken from my pa FAQs: If you believe an incorrect amount was deducted for your pension contributions, please notify TRS' In-Service Payroll Division in writing and attach a photocopy of the paystubs in question.