Executive Compensation Plan (ECP)
You may choose between the Teachers' Retirement System of the City of New York (TRS) and the Optional Retirement Program (ORP) currently funded through the Teachers Insurance and Annuity Association-College Retirement Equities Fund (TIAA-CREF). If you select TIAA-CREF upon initial appointment to a position on the ECP Staff, you must continue participation in TIAA-CREF upon transfer or reclassification into another position within CUNY.
If you are already a member of the TRS, the Board of Education Retirement System (BERS) or NYCERS, you may remain in that program. If you were recently appointed to an ECP Staff title and were previously a member of BERS or NYCERS, you may elect to remain a member by filing an application for Transferred Contributor status within 30 days of your appointment.
Decision must be made within the 30 days of employment, and it is irrevocable.