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Can I pay my own federal taxes once I retire? FAQs: Yes. However, you should ask the Internal Revenue Service or your tax consultant for advice regarding "estimated taxes" in order to avoid the possibility of penalties due to underpayment.
If I am a Tier III or IV member, how would my Final Average Salary (FAS) be calculated? FAQs: Your FAS generally would be the highest average of wages earned during any continuous period of employment for which you were credited with three years of service (subject to certain exclusions).
If I am a Tier VI member, how would my Final Average Salary (FAS) be calculated? FAQs: Your FAS generally would be the highest average of wages earned during any continuous period of employment for which you were credited with five years of service (subject to certain exclusions).
Can New York City Charter School employees join TRS? In-Service Member: New York Charter school employees join TRS FAQ
Beneficiaries Beneficiaries: FAQs for the beneficiary of a TRS member.
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May I change the amount that I am currently repaying toward my loan? FAQs: If you are an in-service Tier III, IV, or VI member, you may submit a partial lump-sum payment on a QPP and/or TDA loan and thus reduce the amount of your regular loan payments.