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When does the Medical Board meet?
FAQs: In general, meetings are held every two weeks, usually on a Wednesday.
What is a Power of Attorney (PoA)?
FAQs: A Power of Attorney (PoA) is a legal instrument that allows one or more individuals (referred to as agents or attorneys-in-fact) to act on behalf of another person (referred to as the principal).
What types of PoAs does TRS honor?
FAQs: TRS will honor PoAs that authorize retirement benefit transactions and meet the standards of governing law at the time they were executed.
What is the Goodman Settlement?
FAQs: On March 17, 2014, a settlement between the City of New York and the United States Attorney's Office in the case of Goodman, et al. v. City of New York, et al. ("Goodman") became effective.
What information is included in the Quarterly Account Statement (QAS)?
FAQs: The QAS summarizes a member's account balances, contributions, investment elections, loan status, and account activity for the reporting period.
When will my ABS and QAS be available?
FAQs: TRS will notify you by email when your latest Annual Benefits Statement (ABS) and Quarterly Account Statement (QAS) are available for viewing in the secure section of our website.
Will I be refunded for an erroneous contribution?
FAQs: Yes. To apply for a refund, you must complete an Erroneous Contribution Refund Application (code IP12) .
What is my minimum accumulation?
FAQs: If you are a Tier I or II member, your Minimum Accumulation is the amount you must have in your QPP account to be eligible to receive a full retirement benefit (if you are not subject to an age reduction).
What is Final Average Salary?
FAQs: Final Average Salary, or FAS, is a calculation used to compute the retirement allowances of TRS members.
Will TRS help me complete an application?
FAQs: Yes. Member Services Representatives can help you by answering inquiries over the phone or in person