Personalized Account Statements Through October 31 Now Available Online [posted 11/23/15]

Monthly Account Statements as of October 31, 2015 are now available through the secure section of our website.

In-service members can access their account balances, loan information, and investment elections. Members with TDA Deferral status can access their TDA account balances, investment elections, loan information, RMD amounts, and "RMD Election Form" filing deadlines.

Watch Upcoming Board Meetings Online [posted 11/19/15]

The next Investment Meeting of the Teachers' Retirement Board will be held on Thursday, December 3, 2015. The next regular Board Meeting will be held on Thursday, December 17, 2015. Meetings are streamed live on TRS' website and are normally available for on-demand viewing within two business days.

November 2015 Unit Values Available [posted 11/16/15]

The November unit values for the variable-return Passport Funds are now available. Unit values are based on each portfolio's closing market value as of the end of the preceding month.

View Your 2015 Annual Benefits Statement Online [posted 11/13/15]

The 2015 Annual Benefits Statement (ABS) is now available for online viewing in the secure section of our website. The ABS reports on members' information as of June 30, 2015, including account summaries, service credit, benefits eligibility, and designated beneficiaries. The ABS also includes benefit estimates and projections for certain members nearing retirement. Printed statements were previously mailed to more than 117,000 members who are in active service or on a leave of absence.

Fall 2015 Newsletters Now Available [posted 11/12/15]

The Fall 2015 issues of our member newsletters are now available online. The mailing of Benefits Report to retirees and In-Service News to members in active service (or on leave) is underway. On the Newsletters page, you can view the most recent issues or choose an issue from our archives dating back to 2010.

Latest Quarterly Statements Are Online [posted 11/9/15]

Account statements for the period ending September 30, 2015 are now available for online viewing in the secure section of our website.

The Quarterly Account Statement (QAS), for in-service members and certain members on leave, summarizes account information for members' Qualified Pension Plan and, if applicable, Tax-Deferred Annuity Program accounts.

The TDA Quarterly Statement, for members with TDA Deferral status, summarizes TDA account information for members who are maintaining a TDA account after retirement (or, in some cases, resignation).

Printed statements have been mailed to members' home addresses. If you currently receive your quarterly statements in the mail, consider opting out of the mailing and viewing the statement online instead. To change your mailing preference, select My Profile after logging in to the secure section of our website. To ensure that you receive emails from TRS, please add to your address book.

2016 TDA Contribution Limits Set [posted 10/27/15]

The Internal Revenue Service (IRS) has announced 2016 contribution limits for retirement plans, including Section 403(b) plans such as TRS' TDA Program. The general maximum contribution amount remains at $18,000. The limit on additional "catch-up" contributions for members age 50 and older also remains unchanged at $6,000.

Members will be able to see their personalized Full-Year, Full-Contribution Rate for 2016 on their Quarterly Account Statement for the period ending September 30, 2015. Contributing at the Full-Year, Full-Contribution Rate allows members to invest the highest allowable amount in TDA from year to year by contributing at a steady rate during each pay period of a calendar year.

Goodman Settlement May Affect Military Service Credit [updated 8/20/15]

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. The Goodman Settlement impacts the pension calculations of certain members and pensioners who served in the military after September 11, 2001.