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News

This section provides information about the latest TRS news and events.

Calendars


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

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Account Statements as of March 31 Now Available [posted 4/24/18]

Monthly Account Statements as of March 31, 2018 are now available through the secure section of our website.

In-service members can access their account balances, loan information, and investment elections. Members with TDA Deferral status can access their TDA account balances, investment elections, and loan and RMD information.

Watch Upcoming Board Meetings Online [updated 4/24/18]

The next Investment Meeting of the Teachers' Retirement Board will be held on Thursday, May 3, 2018. The next regular Board Meeting will be held on Thursday, May 17, 2018. Meetings are streamed live on TRS' website and are normally available for on-demand viewing within two business days.

April 2018 Unit Values Available [posted 4/12/18]

The April 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.

Get Ready for Retirement! [posted 3/22/18]

Are you thinking about retiring this year? Before you decide, and before you file, come to TRS for a free Getting Ready for Retirement program. This half-day class will explain the pension calculation for your tier, the filing process, and the decisions you'll need to make when you do retire.

We are offering classes during spring break week, plus weekends and Wednesday afternoons this spring. Please look at our calendar of available sessions and then log in to register today!

TRS is on YouTube [posted 3/19/18]

You can find TRS on YouTube at www.youtube.com/user/TRSNYC! Our channel currently offers website tutorials for members and archives of Teachers’ Retirement Board meetings. Join our community by subscribing to our YouTube channel today.

Updated TDA Program Summary Now Available [posted 3/5/18]

We have posted an update of our TDA Program Summary. This publication provides an overview of the TDA Program, including its advantages and important guidelines about participation.

TRS Has Divested from Gun Manufacturers [posted 3/2/18]

Starting in February 2013, the Teachers' Retirement Board divested from gun manufacturers (companies receiving material revenue from the manufacture of civilian firearms and ammunition). The Board modified its policy in December 2017, when it resolved to further divest from companies that receive at least 5% of their revenues from the manufacture of civilian firearms and ammunition. This divestment is now complete.

Each year, TRS publishes a listing of investment holdings in our Investment Portfolios publication. The latest version shows holdings as of June 30, 2017, so it does not reflect the most recent divestment actions.

Mailing of 1099 Forms Is Underway [posted 1/17/18]

Members who received a distribution from TRS in 2017 will soon receive the associated 1099 form for tax filing purposes.

Mailing began on January 12. Members should allow at least 10 days for the mailing to be completed and wait until January 26 before contacting TRS about forms not yet received in the mail.

On or about January 18, the 1099 forms for 2017 lump-sum distributions will be available for online viewing in the secure section of our website. (1099 forms for retirement allowances and other recurring payments are not available on our site.)

If you have questions about your tax forms from TRS, be sure to consult our 1099 Forms brochure.

Latest Quarterly Statements Are Online [posted 11/13/17]

Account statements for the period ending September 30, 2017 are now available for online viewing in the secure section of our website.

The Quarterly Account Statement (QAS), for in-service members and certain members on leave, summarizes account information for members' Qualified Pension Plan and, if applicable, Tax-Deferred Annuity Program accounts.

The TDA Quarterly Statement, for members with TDA Deferral status, summarizes TDA account information for members who are maintaining a TDA account after retirement (or, in some cases, resignation).

Printed statements have been mailed to members' home addresses. If you currently receive your quarterly statements in the mail, consider opting out of the mailing and viewing the statement online instead. To change your mailing preference, select My Profile after logging in to the secure section of our website. To ensure that you receive emails from TRS, please add noreply@trs.nyc.ny.us to your address book.

New Filing Deadline for World Trade Center Law [posted 10/6/16]

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 now receive the Notice of Participation and, if applicable, an Authorization for Release of Health-Related Information (code DI47) by September 11, 2018.

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.