Salary & Benefits
Once hired, you will be a full-time teacher of the NYC Department of Education and earn a starting annual salary of at least $54,000. New York City teachers earn more based on experience and coursework beyond a bachelor’s degree. Once Fellows have completed their master’s degree, they can expect to earn an annual salary of at least $60,704. From 2015 to 2018, all salary steps will increase about 13 percent, with the most experienced teachers earning $119,000 annually.
Teachers can select from a variety of health insurance plans, several of which require no employee contributions. Coverage for teachers and their families (including registered domestic partners) begins on the first day of employment. Teachers also receive dental, vision, and prescription drug benefits through the United Federation of Teachers (UFT) Welfare Fund. Please note that Fellows are responsible for their own insurance during pre-service training. To learn more, please visit the New York City Department of Education’s Human Capital page.
The Teachers’ Retirement System of the City of New York (TRS)—one of the largest pension systems in the country—provides New York City public school teachers with retirement, disability, and death benefit services. Teachers can also opt into the NYCDOE’s Tax-Deferred Annuity Program, a supplemental retirement plan that allows members to defer taxes on their contributions and any investment earnings from those contributions until they withdraw the money as income.
Additional resources: Teachers’ Retirement System of the City of New York
Zennebe, 2007 Fellow