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What unit value will be used to calculate a TDA withdrawal? FAQ: In most cases, the unit values used would be the unit values in effect for the month after TRS' receipt of your TDA Withdrawal Application (code TD32) or online equivalent.
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Will I have TDA deductions from my summer pay? FAQs: Yes. TDA deductions are taken out of summer pay.
What death benefits are payable under the TDA Program? FAQ: The member's designated TDA beneficiaries may be eligible to receive the balance of the member's TDA account;
When can I expect to receive my TDA withdrawal? FAQ: TRS would issue your distribution of TDA funds as follows:
When will my TDA Quarterly Statement be available? FAQ: Members with TDA Deferral status can view their TDA Quarterly Statements by logging in to the secure section of our website.
W6) Can I repay a CARES Act TDA withdrawal to my TDA Account? CARES Act: FAQs for anyone visiting TRS' website.
TRS Membership for CUNY Employees Guide
May I use a direct withdrawal to pay off a TDA loan? FAQ: Yes. You may use the withdrawn money at your discretion.
How can I correct an error on my TDA Quarterly Statement? FAQ: You may send a copy of the statement, along with a letter indicating the requested correction, to TRS, Member Accounting Unit, 55 Water Street, New York, NY 10041.