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How is my RMD amount calculated?
FAQ: Your annual RMD amount varies year to year and will be calculated by the IRS on a number of different factors (when applicable).
Are there different ways that I can receive my RMD amount?
FAQ: Yes. You have several choices:
Is it possible for my TDA beneficiaries to get an annualized RMD payment?
FAQ: Generally, RMD payments are made only to members.
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How do I apply for a loan?
FAQs: If you are a member in active service or on a leave of absence, you may apply for a loan from the Qualified Pension Plan (QPP) by logging in to the secure section of our website or by filing a paper QPP Loan Application (code LO6) .
I am a Tier I member who elected Plan A on my enrollment application or retirement plan election for
FAQs: If you meet the requirements for Plan A or C, and if you filed an enrollment application or a retirement plan election form electing Plan A or C within two years of your appointment, please write to TRS to have the information on the ABS corrected.
If I am a Tier I member, how would my Final Average Salary (FAS) be calculated?
FAQs: you have served at least three years in the position from which you are retiring, your FAS generally would be the actual gross salary earnable during the 12 months prior to your retirement.
Can substitute teachers and per diem teachers in New York City public schools join TRS?
FAQs: No. But, depending on your title, you may be eligible for membership in the Board of Education Retirement System or the New York City Employees’ Retirement System.
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