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FAQs: Yes. In order to receive a duplicate Benefits Letter, you must submit a written request to TRS at 55 Water Street, New York, NY 10041.
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FAQs: EFT is available for other payments, as noted below.
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FAQs: If you are currently paid on the City of New York payroll through direct deposit for work in a position that entitles you to TRS membership: You will be automatically enrolled to receive your monthly benefit payments (including advance payments) via EFT.
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FAQs: Under the EFT system, funds are deposited in your account on the day the payment is issued.
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FAQs: Your TDA deductions will stop while you're on a leave of absence; however, your TDA funds will continue to earn the appropriate investment return, based on your investment elections.
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FAQs: As a TRS member, once you have completed the minimum requirements, you will be entitled to receive a retirement allowance from the Qualified Pension Plan.
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FAQs: You will be assigned a membership number once we have completed processing your enrollment.
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FAQs: Once you withdraw your funds from TRS, your current membership will cease.
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FAQs: Yes. You may transfer the taxable portion of your withdrawal to another eligible Section 401 Plan or an IRA account.
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FAQs: In general, you must wait at least one year after receiving an excess withdrawal before you are eligible to apply for another.
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