Knowles v. Teachers Insurance & Annuity Association

Order unanimously affirmed with costs. Memorandum: Plaintiff, after 19 years of service, retired from employment at the State University College at Alfred in 1985. Based upon financial information supplied by the State University, defendant TIAA calculated that plaintiff was entitled to a monthly annuity payment of $1,051.17. A written agreement providing for payments in that amount was prepared by TIAA and signed by the parties, and, commencing with the June 1985 payment, defendant issued checks in that amount to plaintiff. Defendant claims that a few months later it became aware that a…