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FAQs: Tier I and II members who do not meet the minimum accumulation may not be eligible to receive their full retirement benefit.
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FAQs: You will most likely receive your Benefits Letter from TRS about one week before receiving your first retirement allowance payment.
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FAQs: The figures used by your union representative were estimates.
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FAQs: You should file a Benefits Letter Inquiry Form (code RC1) , along with a copy of the page of your Benefits Letter.
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FAQs: Yes. In order to receive a duplicate Benefits Letter, you must submit a written request to TRS at 55 Water Street, New York, NY 10041.
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FAQs: EFT is available for other payments, as noted below.
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FAQs: If you are currently paid on the City of New York payroll through direct deposit for work in a position that entitles you to TRS membership: You will be automatically enrolled to receive your monthly benefit payments (including advance payments) via EFT.
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FAQs: Under the EFT system, funds are deposited in your account on the day the payment is issued.
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FAQs: In general, your deductions would take effect with the first payroll that occurs at least 60 days after TRS receives your elections through the TDA feature in the secure section of our website, or paper form: the TDA Enrollment Form (code TD1) for new participants, and t...
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FAQs: Your TDA deductions will stop while you're on a leave of absence; however, your TDA funds will continue to earn the appropriate investment return, based on your investment elections.
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