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Teachers' Retirement System of the City of New York

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On the EFT Authorization Form...? FAQ: Members should contact their bank to determine if the money market account is considered a checking or a savings account.
How can beneficiaries initiate Electronic Fund Transfer (EFT)? FAQ: Beneficiaries who are receiving monthly continuing payments of a member's retirement allowance should complete an EFT Authorization Form (code BK58).
Can one EFT Authorization Form...? FAQs: If you file an EFT Authorization Form all payments you receive from TRS will be deposited to the same account.
Can one EFT Authorization Form...? FAQ: If you file an EFT Authorization Form all payments you receive from TRS will be deposited to the same account.
EFT Authorization Form (code BK58) form
May different types of monthly benefit payments be deposited in different accounts? FAQs: Yes, by filing a separate EFT Authorization Form (code BK58) or EFT Election at Retirement Form (code BK66) , as applicable, for each account.
Can different types of monthly benefit payments be deposited in different accounts? FAQ: You can request this in the secure section of our website, or you can file a separate EFT Authorization Form (code BK58) or EFT Election at Retirement Form (code BK66), as applicable, for each account.
What happens after I establish an EFT account...? FAQ: If you established an EFT account online or filed an EFT Authorization Form , your EFT would generally begin within 15-45 days after TRS' receipt of your request.
Forms Retired Members You can access forms for retired members by using the applicable panels. The forms can be downloaded and printed; and the online versions of some forms can be completed and submitted to TRS through our website, if you are logged in.
Forms Beneficiaries You can access forms for beneficiaries by using the applicable panels. The forms can be downloaded and printed; and the online versions of some forms can be completed and submitted to TRS through our website, if you are logged in.