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serve our City. Contact NYCERS. Find Out If NYCERS Owes You Money. Search Unclaimed Funds. Chat with us. Administers retirement benefits for 300,000+ active and retired NYC workers.
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This management’s discussion and analysis of the Metropolitan Transportation Authority Defined Benefit Pension Plan (the “Plan”) financial performance provides an overview of the Plan’s financial activities for the years ended December 31, 2022 and 2021.
The most recent biennial valuation was performed with a valuation date of July 1, 2019. The total number of plan participants as of July 1, 2019 receiving retirement benefits was approximately 46,994. Plan Eligibility — Generally, to qualify for benefits under the Plan, a former employee of The MTA must:
2 sty 2024 · The 6TR-25 Plan allows participants to retire with 25 years of Allowable Service at age 55 and is available only to those employed in a Transit Operating Force (TOF) position. Download PDF.
NYCT Retiree Benefits FAQs. Click on one of the links below to view and print frequently asked questions about your 2024 Benefits. TWU Local 100 and MTA Bus TWU Local 100.
15 lis 2021 · An MTA payroll error caused thousands of transit workers to be overcharged on pension deductions out of their paychecks for years, THE CITY has learned. Now, nearly 8,000 employees are in line for around $4.1 million in total refunds — with interest — from their pension funds, according to the MTA.
Transit Operating Force 25-Year/Age 55 Retirement Plan for Tier 4 Members. Tier 4. ent Plan (T25/55 Plan). The T25/55 Plan is available only to those employed in a Transit Operati. NYCERS. PARTICIPATION.