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This section provides information about the latest TRS news and events. To receive regular updates, follow us on Facebook @myTRSNYC, Twitter @myTRSNYC, Instagram @TRSNYC, and subscribe to our YouTube channel @TRSNYC.

Calendars


See important deadlines and holiday closings, scheduled dates for pension payments, and a calendar of Teachers' Retirement Board meetings.

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Monthly Account Update Available [posted 6/18/21]

Account information as of May 31, 2021 is now available in the secure section of our website.

In-service members can log in to see their latest account balances, plus loan information and investment elections. Retirees with a TDA account can view their latest TDA account balances, plus investment elections, loans, and RMD information.

Watch Upcoming Board Meetings Online [updated 6/18/21]

The next Investment Meeting of the Teachers' Retirement Board will be announced. Normally, meetings are streamed live on TRS' website and are available for on-demand viewing within two business days.

June 2021 Unit Values Available [posted 6/14/21]

The June unit values for the variable-return Passport Funds are now available. Unit values are based on each portfolio's closing market value as of the end of the preceding month.

Available Loan Amounts May Change [posted 6/11/21]

As of June 21, 2021, TRS will change the formulas used to determine a member's maximum loan availability under the QPP or TDA Program. The change is due to IRS requirements, to prevent potential taxability of loan disbursements. As a result of this change, some members may see a decrease in their available loan amounts, which are displayed in the secure section of our website and on quarterly account statements.

What's changing is that—in all cases except a loan at retirement or annuitization—new loan amounts will be restricted to prevent members' combined QPP and TDA loan balances from exceeding 50% of their combined QPP and TDA account balances. Other conditions that further limit loan amounts remain in place. As of June 21, our QPP Loans and TDA Loans brochures will reflect the updated formulas for maximum loan amounts.

Online Programs for Retiring Members [posted 6/3/21]

Retirement season is here! Throughout June, our online educational programs are dedicated to retirements. To prepare for retirement, sign up for our popular Getting Ready for Retirement class. If you’re ready to file, sign up for our new class about filing a retirement "e-form" online (Tier III/IV members only). Read program descriptions and register on the Educational Programs page today!

No Retirement Incentive in 2021 [posted 6/1/2021]

May 31 was the deadline for the City to decide about offering an Early Retirement Incentive to certain Department of Education employees, some of whom may be TRS members. Since no agreement was reached by May 31, there will be no retirement incentive.

Request 1099 Form Reprints Online [5/27/21]

Retirees who would like to request a reprint of the 1099 Forms for their monthly payments should file an online request that is also available on our E-Forms page. Completing the online request form does not require login and is quicker than contacting TRS by phone.

TRS Reopens Member Services Center [posted 4/29/21]

As of May 3, TRS’ Member Services Center at 55 Water Street will be open to visitors by appointment only. Face covering, health screening, and other COVID-19 protocols will be enforced. Unscheduled visitors will not be permitted, except to use the drop box in the entrance.

Mailing to Gulino Class Members [posted 3/2/21]

TRS will send certain class members of Gulino v. Board of Education an invoice for pension contributions that must be paid in order to receive pension credit from TRS. The mailings will continue until all affected class members are contacted. 
 
TRS representatives cannot answer questions about this mailing or any other aspects of the litigation.  Additional information regarding Gulino can be found at the Gulino website at www.gulinolitigation.com.

Reminder of Filing Deadline for World Trade Center Law [updated 8/13/19]

Qualifying members who worked in the World Trade Center Rescue, Recovery, or Cleanup Operations between September 11, 2001 and September 12, 2002 may file a Notice of Participation (code DI40) with TRS. Beneficiaries of qualifying members who died without having filed this form may file the beneficiary version of the Notice of Participation (code DI40b). TRS must receive the Notice of Participation and, if applicable, an Authorization for Release of Health-Related Information (code DI47) by September 11, 2022.

Please see the World Trade Center Presumptive Disability and Death Benefit Laws information sheet for a list of qualifying conditions or impairments of health and other important information.