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TOTAL SERVICE LETTER REQUEST FORM (FOR TIERS III/IV MEMBERS ONLY) INSTRUCTIONS PLEASE READ CAREFULLY Please complete this form only if you are requesting a Total Service Letter, which would itemize.

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By Phone: Call 1 (888) 8-NYC-TRS. Due to extremely high call volume, we recommend using a different method if possible. By Video Conference: Schedule a one-on-one virtual meeting with a Member Services Representative.

The average pension paid out last year for all 2,861 NYCTRS members who retired during calendar year 2020 was $47,890. The total includes both part- and full-time public school teachers, many of whom met only a minimum five-year requirement to vest in the pension system.

Tier 4: 1.67% x years of NYS service if credited with less than 20 years, or 2% x years of NYS service if credited with 20 to 30 years. 60% plus 1.5% for each year of NYS service beyond 30 years. A prorated reduction of up to 27% when retirement occurs before age 62 with less than 30 years of NYS service.

Tier 4 — Accidental Death Benefit (Article 15)

As a retiree of the Teachers' Retirement System of the City of New York (TRS), you will receive a Benefits Letter about a week before receiving your first retirement allowance payment. The Benefits Letter is a comprehensive statement of your retirement allowance benefit under the Qualified Pension Plan (QPP).

For Tier 1, 2, 3, 4 and 5 members, it is the average of your highest three consecutive years of earnings. For Tier 6 members, it is the average of your highest five consecutive years of earnings. These are usually your years of employment immediately before retirement.

Tier III and IV members participate in either the “basic” retirement plan or the Age 55 Retirement Program, as described below. You are at least age 55 and have at least 30 years of Total Service Credit. *Most Tier III and IV members become vested upon attaining five years of Total Service Credit.

Tier 4: 1.67% x years of NYS service if credited with less than 20 years, or 2% x years of NYS service if credited with 20 to 30 years. 60% plus 1.5% for each year of NYS service beyond 30 years. A prorated reduction of up to 27% when retirement occurs before age 62 with less than 30 years of NYS service.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232