New York City Department of Education Employee Benefit: Pension Plan | Glassdoor

Employee Comments

Showing 21–30 of 33
  • Dec 12, 2015
    StarStarStarStarStar Current Math Teacher in Bronx, New York State

    Could be better, could be worse.

  • Sep 23, 2015
    StarStarStarStarStar Former Mathematics Teacher in New York, New York State

    NYC had a pretty high guaranteed return on your pension plan. My pension plans from Lehman and Deutsche banks were based on the stock market.

  • Sep 22, 2015
    StarStarStarStarStar Former Teacher in New York, New York State

    This was actually a really good thing. Long-standing Pension that seems to be backed up by the NY State legislature and is no danger of going away, due to political clout with the Union and the State.

  • Sep 04, 2015
    StarStarStarStarStar Current Teacher in New York, New York State

    If you can stay until you are 66 years old you will get a good pension based upon your credentials

  • Aug 26, 2015
    StarStarStarStarStar Current Community Coordinator in New York, New York State

    Depending on the tier the benefits can be either really generous or generous enough. Tier 6 which applies to most new hires provides good pension benefits but is vested in 10 years not 5 as with other private sector employers.

  • Aug 19, 2015
    StarStarStarStarStar Former Employee in Brooklyn, New York State

    This is the best deal ever. It's very hard to find a profession nowadays with a pension plan. It's worth all the aggravation for this pension plan.

  • Aug 12, 2015
    StarStarStarStarStar Current Employee in Bronx, New York State

    Vesting takes 5 years to qualify.

  • Jul 31, 2015
    StarStarStarStarStar Current Educational Associate in Astoria, New York State

    TDA is excellent you can borrow against if you're low on cash. To pay back there are reasonable installments that come directly out each paycheck.

  • Jul 05, 2015
    StarStarStarStarStar Current Para in Staten Island, New York State

    The pension plan is a blessing to have.

  • May 21, 2015
    StarStarStarStarStar Former Level III Help Desk Support Technician in Long Island City, New York State

    NO issues with the retirement plan

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