Ben4TRS

Prior to 2009, UFT members received 8.25% return on our fixed return TDA. All other titles, including DOE administrators and CUNY employees, still get 8.25% today, but we only get 7.00%.

Think 1.25% doesn’t make a difference? Think again. The difference adds up to more than $2 million over 40 years. That’s over $2 million less in retirement benefits UFT members now receive. The change impacts UFT members of all tiers, 1 through 6.