Retirement Plans for New Hires
Retirement Plans
Depending upon your title at CUNY (refer to your offer letter), you are eligible for a specific retirement pension plan. Below are retirement plans you can choose from.
- Teachers Insurance and Annuity Association of America (TIAA)
- Teachers' Retirement System of the City of New York (TRS)
- New York City Employees' Retirement System (NYCERS)
For Instructional/Non-Instructional Staff, you have 30 days from your start date to choose a retirement program. The choice is irrevocable. If you do not enroll within 30 days, your enrollment will default to Teachers' Retirement System of the City of New York (TRS).
For Classified Civil Service Staff who are appointed from a civil service pool, you have six months from your start date to choose a retirement program. For other titles, enrollment in a pension plan is voluntary.
Resource
- PSC-CUNY: Full-time Pension Benefits
- Video: Learn more about Optional Retirement Plan (ORP) and Defined Benefit (DB) programs
If you have any questions, contact the Benefits Office.
