NOTE: On December 10, 2009, the Governor signed a pension reform bill, chapter 504, that changed the annual interest rate paid by the fixed return fund for members represented by the United Federation of Teachers (UFT). Effective December 11, 2009 the new fixed TDA interest rate is 7%. Members affected by this new reform bill will see a TDA interest adjustment in their statement of accounts.

Please choose from the following topics to find out more about BERS' Tax Deferred Annuity Program: