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Will an ABS or QAS be available if I am on a leave of absence?
FAQs: Yes, provided that your leave of absence has lasted for less than seven school years.
Why does the code "N/A" appear in my ABS or QAS?
FAQs: There are several reasons why the N/A (Not Available) code may appear in your ABS or QAS.
How can I obtain information about the current status of my loan?
FAQs: You may do so by logging in to the secure section of our website.
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.
What are the benefits of Multiple Employment Membership Status?
FAQs: This status may increase funds in your various accounts, may allow for a greater amount of TDA Program contributions, and may positively affect your Final Average Salary when your retirement allowance is calculated.
What is the impact of electing a zero rate?
FAQs: Electing a zero rate will increase the amount of your paycheck, but reduce the amount of funds potentially available for your retirement allowance.
How long will it take to process a zero rate?
FAQs: The new rate will take effect two pay periods after your Zero Rate Application has been approved.
How much must I contribute to the QPP as a Tier VI member?
FAQs: Contribution rates are based on annual wages earned during "plan years," as indicated in the table below.
What do the payroll deduction codes on my pay stub represent?
FAQs: The code "TRS 414H STD" represents pre-tax QPP deductions.
Do my QPP contributions gain interest?
FAQs: For Tier III, IV, and VI members, QPP funds automatically accrue 5% interest annually. F