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What is the ABS?
FAQs: A-B-S stands for the Annual Benefits Statement. In-service members and members on a leave of absence for up to seven school years can view their ABS by logging in to the secure section of our website.
What are "catch-up" contributions?
FAQs: Each year, the Internal Revenue Service (IRS) establishes limits on TDA contributions.
If a member dies in active service, may the beneficiary annuitize the death benefit?
FAQ: QPP beneficiaries may annuitize a QPP benefit only if the deceased was a Tier I or Tier II member and the QPP benefit is at least $10,000.
Can I transfer my monies and service to another retirement system outside of New York State?
FAQs: No. Section 522 of the Education Law specifies that members may transfer to only New York City or New York State public retirement systems.
May I withdraw my QPP funds after separating from service?
FAQs: You may withdraw your QPP funds in the following cases:
May I leave my QPP funds at TRS after separating from service?
FAQs: Yes. If you are a vested member, you would be eligible to begin receiving retirement allowance checks at age 55.
What are my TDA options if I retire from active service?
FAQs: On your QPP retirement application, you must decide how your TDA funds will be distributed. You may receive your TDA funds as an annuity separate from your QPP retirement allowance.
May I withdraw funds from my TDA account while I am an in-service member?
FAQs: By filing a TDA Withdrawal Application (code TD32) or online equivalent, you may directly withdraw the money that was in your TDA account before December 31, 1988 at any time.
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