Direct Payments Taxable Under TRS Settlement
Current Pension Topics
By JOEL FRANK
      Q.: I am a Tier 1 member of the Teachers’ Retirement System of the City of New York. My spouse is a member of Tier 2. I am retired and my spouse is active.
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Your Social Security
     Disability is something most people do not like to think about. But the unfortunate reality is this: the chances that you will become disabled are probably far greater than you realize. Studies show that a 20- year-old worker has a three in 10 chance of becoming disabled before reaching retirement age.
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Conflict Can Create A Misuse of Position
Ask the City Ethicist
By VANESSA LeGAGNEUR
      Chapter 68 of the New York City Charter prohibits public servants from using, or attempting to use, their positions to obtain a benefit for themselves or anyone with whom they are associated including parents, spouses, siblings, children, and anyone with whom they have business or financial relationships. There are many situations in which this prohibition applies.
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