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Pension Info

**From**: Swirsky Michael (OIT) Here is what we found out about pension questions.
 * To**: Nielsen Lisa; &OIT Staff
 * Sent**: Thu Mar 19 07:50:19 2009
 * Subject**: Retirement info

1. A TRS member who takes another title not covered by TRS within 60 days of leaving the TRS-eligible title may file to remain in TRS as a "transferred contributor". Transferred contributors are NOT eligible to be in the 55/25 retirement program. However if such person returns to an eligible title at TRS in the future, he/she will be able to participate again.

2). if any one is going into a title that is covered in BERS by 55/25, that person may want to transfer to BERS instead of being a transferred contributor of TRS. See the list of UFT titles that are covered in BERS by 55/25 below. Also, once a person elects to be a transferred contributor in one system, it is irrevocable.

We are checking to see if the new managerial title is covered by BERS. Also before you do anything please call a pension consultant in your UFT boro office.

Michael Swirsky Queens Borough Instructional Technology Specialist Office of Instructional Technology New York City Department of Education 82-01 Rockaway Blvd Ozone Park, NY 11416 Office# 718-642-5741 Cell# 917-340-0852 Fax# 718-348-2902 mswirsky@schools.nyc.gov http://www.oit.nycenet.edu/

Be aware that you can always return to TRS/TDA no matter what. Shelley Burt Division of Accountability and Achievement Resources Assistant Director 1 Fordham Plaza Room 749 Bronx, NY 10458 718-329-8110 Office 347-749-3375 BB sburt@schools.nyc.gov "The illiterate of the 21st Century will not be those who cannot read and write. But those who cannot learn, unlearn, and relearn." - Alvin Toffler

You should also check if once u move to behrs can u return to trs/tda? Celine Azoulay Borough Instructional Technology Director Staten Island, South Brooklyn 718-759-4887