In-service members who change their name should notify their employer (the Department of Education, the City University of New York, or the participating Charter School). After the employer updates the information, TRS’ records will also be updated. TRS cannot process name changes for in-service members.

Retirees must submit the Retiree's Change of Name Form (code RP1) or the online equivalent in the secure section of our website. The legal document that effects the name change (for example, a divorce decree or a marriage license) must also be submitted.The legal document that effects the name change (for example, a divorce decree or a marriage license) must also be submitted. For quicker service, please file online.

You may be eligible for a QPP loan under the following conditions: a) if you are either an in-service member or on a leave of absence, and b) if you are not in default on an existing QPP loan. In addition, if you are a Tier I or II member, you must have at least three years of TRS membership service; if you are a Tier III, IV, or VI member, you must have at least one year of TRS credited service. You may learn whether you are currently eligible to take a loan by logging in to the secure section of our website.

For both QPP and TDA loans, the maximum loan amount available to you is based on factors such as your account balance, your service credit, your current outstanding loan balance, and your highest loan balance during the previous 12 months. You may learn the maximum loan amount that you may borrow by logging in to the secure section of our website. Members may also write to TRS to obtain this information at any time; if you do so, please include your membership number in your correspondence.

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. You may also request to repay your outstanding loan in a lump sum by filing a QPP Loan Repayment Request Form (code LO11q) and/or TDA Loan Repayment Request Form (code LO11t) with TRS. If you are a member with TDA Deferral status, you must make direct monthly TDA loan payments to TRS.

In general, QPP funds automatically accrue 5% interest annually.

For Tier I and II members who are not yet retired, earnings on QPP funds depend on how the funds are invested in TRS' Passport Funds. The return on QPP funds in the Fixed Return Fund is currently guaranteed at 8.25%; the returns on QPP funds in the variable-return Passport Funds fluctuate monthly. Your most recent Quarterly Account Statement (QAS) indicates your investment elections.

Tier III, IV and VI in-service members can file for retirement online. To file online, log in to the secure section of our website, go to E-Forms, and click on the Service Retirement link.

If you are a Tier I or Tier II in-service member, we suggest that you return your retirement application to TRS in person; that way, a TRS representative can check the application and ensure that it is completed correctly. You may also return your application to TRS by mail if you believe you have accurately completed it. However, please note that mistakes on applications can cause processing delays.

By the last day of every month, the City of New York will transmit your payment to your financial institution for deposit in your designated account. Under the EFT system, you will no longer receive a check stub, but you will receive an EFT Quarterly Statement detailing your monthly payments. In addition, you will be able to view payment details each month after logging on to our website.

The monthly transactions will also appear on statements from your financial institution. (Note that statements from your financial institution will reflect the date a payment was credited, whereas TRS statements will reflect the date a payment was disbursed.)

Yes. You may do so by accessing the Beneficiaries feature in the secure section of our website or writing to TRS to request a correction. You may also call our Member Services Center at 1 (888) 8-NYC-TRS, or visit the Walk-In Center on the 2nd floor of 55 Water Street in lower Manhattan. Please note that if your beneficiary is a TRS member or if you have an affidavit or court order on file with TRS, you may not change the beneficiary's name online.

If you disagree with the information in your ABS, you may access the ABS Inquiry feature in the secure section of our website. As an alternative, you may file a paper ABS Inquiry Form based on your tier (either I/II or III/IV/VI). If you disagree with the information in your QAS, you may file a QAS Inquiry Form (code MA3).

You may stop contributing to the TDA Program at any time by accessing the TDA feature in the secure section of our website, or by filing a paper TDA Contribution Rate Change Form (code TD4). Your contributions would stop with the first payroll that occurs at least 30 days after TRS receives your election.

Generally, once your TDA contributions have stopped, you may access the TDA feature or file a paper TDA Contribution Rate Change Form at any time to resume contributing.