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EARLY RETIREMENT INITIATIVE (ERI).  The CUNY BOT voted on Monday June 28th to allow all fulltime members of the instructional staff who have at least 10 years of service and are at least 50 years old as of January 27, 2011 to consider taking the state sponsored early retirement incentive.

Two separate PSC information brochures on CUNY’s 2010 Early Retirement Incentive (ERI) are now available.

  • TRS brochure for members of the Teachers Retirement System.
  • ORP brochure is for members of TIAA-CREF and other plans in CUNY’s Optional Retirement Program (ORP). 

The CUNY website. also has ERI information.

Click here for more details.
 

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NEW:
2007 Pension Equity Bill Passes
New Tax Deferred Savings Option