Teachers' Retirement System of the City of New York

May I roll over an outstanding or defaulted loan balance?

The following loan amounts may be eligible for a rollover:

a) the taxable portion of any outstanding QPP loan balance at the time of your retirement;
b) if you are a non-vested Tier III, IV, or VI member, the taxable portion of any outstanding QPP loan balance at the time of your separation from service; and
c) if you do not elect TDA Deferral status, any outstanding TDA loan balance at the time of your retirement or separation from service.