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FAQ: Under FICA Class "A," your Social Security tax and your pension contributions are both deducted from your gross salary.
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FAQs: 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.
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FAQ: Yes. If you receive advance payments, your first payment will be retroactive to your effective retirement date (or initial payability date, if you retired under deferred payability).
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FAQs: The collective bargaining agreement between the Council of School Supervisors and Administrators (CSA) and the New York City Department of Education provides for performance increases for qualifying members.
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FAQs: You may elect to receive the maximum retirement allowance for which you are eligible.
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FAQs: Yes. However, in general, TRS must receive any changes no later than one day before the effective payability date of your retirement allowance.
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FAQs: There are three occasions on which you will receive such a confirmation:
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FAQs: It generally takes about three to five months to process a retirement application.
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FAQs: The answer depends on which retirement option you elected.
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FAQs: Only members who retire under Tier III are affected by this law.
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