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

New York City Department of Education Retirement Plan

185 employees reported this benefit

4.5
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Available to US-based employees (Change location)

Employee Comments

Showing 1–10 of 55
  • Sep 24, 2018
    StarStarStarStarStar Current Teacher in New York, New York State

    It's a real defined-benefit pension that will keep you at a comfortable salary for your entire retirement.

  • Aug 20, 2018
    StarStarStarStarStar Current Teacher in New York, New York State

    Excellent retirement benefits including health insurance.

  • Aug 17, 2018
    StarStarStarStarStar Former Teacher in New York, New York State

    The TRS plan is very generous

  • Jul 19, 2018
    StarStarStarStarStar Former Employee in New York, New York State

    Not enough money for retirement

  • Jul 12, 2018
    StarStarStarStarStar Current Teacher in Bronx, New York State

    It is all good

  • Jun 01, 2018
    StarStarStarStarStar Former Employee in New York, New York State

    One of the best retirement plan in the state

  • Apr 01, 2018
    StarStarStarStarStar Current Teacher in New York, New York State

    My pension plan is above average compared to plans offered by private companies.

  • Feb 16, 2018
    StarStarStarStarStar Current Math Teacher in New York, New York State

    TIER VI sucks compared to earlier Tiers, but is better than the majority of pension plans out there. Plus you can also put into the 403b7 with a good fixed rate, a 401k with many options, and at 457 which when combined with the 403b7 call allow you to put away 36k/yr.

  • Jan 28, 2018
    StarStarStarStarStar Former High School History Teacher in Staten Island, New York State

    While new teachers pay more into their pensions and need to work more years to receive full benefits, it is a good pension that is not subject to local or state income taxes. There is also an excellent 403(b) plan- a tax-deferred annuity that can be worth hundreds of thousands by retirement.

  • Oct 28, 2017
    StarStarStarStarStar Current Paraprofessional in Staten Island, New York State

    best is pension at 63 with 25 years, worst is annuity/401k there is no match


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