Because summer paychecks are cut in advance, payroll changes cannot be implemented during the summer.
E-form: https://t.co/kkCK4yuG1c
Learn more about the loan payment deferral options on our website: https://t.co/6tarFr0rRy
TRS NEWS: DOE employees who wish to stop their loan payments before the summer payrolls must file an e-form on our website no later than May 16, 2020. Under the CARES Act, qualified members may request a 12-month deferral of payments on loans from their QPP or TDA accounts.
This week during #WomensHistoryMonth, TRS acknowledges Chief Actuary Sherry Chan, NYC's first female chief actuary. Sherry and her team @NYCActuary work to ensure the soundness of the City’s five retirement systems and safeguard the pension benefits of NYC public employees.
Good Morning! TRS will regularly post updates on our operations during the COVID-19 pandemic period at https://t.co/8ePFFZShLl. Please bookmark this page in your browser to stay informed.
The outbreak of the new coronavirus, COVID-19, has resulted in anxiety and social distancing for all of us. The UFT is here to support you through this challenging time.
https://t.co/T20XLaJxnR
This week for #WomensHistoryMonth, we acknowledge Debra Penny, Chairperson of the Teachers' Retirement Board, which oversees TRS operations. A Board member since 2016, Debra also serves as Treasurer for the United Federation of Teachers.
Thanks for your patience during our recent systems upgrade! All operations are back to normal, and we’re pleased to offer new services like online payment options for deficits, service purchases, and loans. Please see our website for details. https://t.co/saO5g1DQsu #TRSNYC
Our website is a great source for information about your TRS membership. Once you register with a username and password, you’ll have secure access to your account information. We'll have more tips about our website throughout April. https://t.co/G0vqAk3B8h #TRSNYC#TRSWebsiteTip
A packed house for the Pension workshop at the UFT Paraprofessional Festival and Awards Luncheon! Much thanks to the Teachers' Retirement System of the City of New York! @myTRSNYC@UFTParas@UFT
The UFT will host its 38th Annual Paraprofessional Festival and Luncheon at the NY Marriott Hilton Hotel on March 23. TRS' Member Education team will be presenting on pension and TDA. Stop by and say hello! #TRSNYC#TRSNYCMemberEducation#uftny#paraprofessional
One of the many benefits provided by TRS is the ability to access your funds before retirement by taking a loan. Look for more tips about loans from TRS throughout February.
https://t.co/Y63E684MT8 #TRSNYC#LoanTips
Planning a visit to TRS’ Member Services Center?
Please be aware that wait times are often longer on NYC DOE holidays. Upcoming holidays are the Lunar New Year on Feb. 5 and the Midwinter Recess on Feb. 18-22. https://t.co/jBDBYL3RaU
#TRSNYC
If you receive a distribution check in January of one year, but the check is dated for December of the previous year, the distribution will be taxable for the year indicated on your check. https://t.co/DayrL3hvNe #TRSNYC#TaxPlanningTips
Thank you @TishJames for your service as a pension trustee for NYCERS. We wish you unending success in Albany as our new Attorney General. @UFTKaz @TBrownUFT @debra_penny @myTRSNYC @NYCActuary
If you're under 59 1/2 and need to access your TDA funds, you may be able to request a hardship withdrawal if other TRS resources are unavailable. See our website's TDA Program FAQs in the Withdrawals/Distributions panel. https://t.co/egZ4gkyTcD
#TRSNYC#DistributionsTip
New: Ken Feinberg will oversee a financial assistance fund for Toys R Us workers, set up by Bain and KKR, which each put up $10 million. This is a win for laid-off workers in a long-running fight for severance pay, and it isn't over. https://t.co/snROSwt40w