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What retirement plans are available to Tier II members?
FAQs: If you have 25 or more years of qualifying service and have reached age 55, you would qualify for immediate payment under Plan C.
What retirement plans are available to Tier I members?
FAQs: If you have 25 or more years of qualifying service and have reached age 55, you would qualify for immediate payment under Plan A.
What retirement plans are available to Tier III and IV members?
FAQs: If you have 25 or more years of qualifying service and have reached age 55, you would qualify for immediate payment under Plan A.
Will I receive a reduced retirement allowance due to my age at retirement?
FAQs: If you choose to retire earlier than normal retirement age, an age-reduction factor may be applied to your service retirement allowance, depending on your tier and retirement program.
As a member with vested deferred status, can I receive an estimate of my QPP retirement allowance or
FAQs: If you submitted your retirement application after your separation from service, you will receive an advisement letter approximately 90 days before your effective retirement date.
What is the Balanced Fund?
FAQs: The Balanced Fund is a moderately conservative investment option that includes exposure to bonds and stocks.
When does the Medical Board meet?
FAQs: In general, meetings are held every two weeks, usually on a Wednesday.
What is a Power of Attorney (PoA)?
FAQs: A Power of Attorney (PoA) is a legal instrument that allows one or more individuals (referred to as agents or attorneys-in-fact) to act on behalf of another person (referred to as the principal).
What types of PoAs does TRS honor?
FAQs: TRS will honor PoAs that authorize retirement benefit transactions and meet the standards of governing law at the time they were executed.
What is the Goodman Settlement?
FAQs: On March 17, 2014, a settlement between the City of New York and the United States Attorney's Office in the case of Goodman, et al. v. City of New York, et al. ("Goodman") became effective.