Rolling Over Your Retro Pay

The MTA Business Service Center has mailed out a letter to all members at TA/OA who are eligible for retroactive pay. The letter explains the options for rolling over up to 80% of your retro into a 401(k) or 457 account. Accompanying the letter is a form to be returned to the BSC if you wish to roll money over.

If you have not received your letter, please contact the BSC: 646-376-0123

Those who want to take advantage of the rollover option must have the form back to the BSC by Friday, July 11. It can be emailed in, faxed in, or handed in during business hours at the BSC’s convenient Walk-In Center on the 6th floor of 180 Livingston St.

Retro payments will be rolled over or delivered to active members on August 27 for OA and August 28 for TA.

Trying to figure out your retro and how much to roll over? Click on image below to use our handy Estimator. Get out your W2s for 2012 and 2013, then enter your numbers in the yellow fields.