New York State Teachers' Retirement System
Employer Manual

INTRODUCTION

The New York State Teachers' Retirement System (hereafter referred to as NYSTRS, TRS or the System) has continually made efforts to improve service to our participating employers. In keeping with this tradition, we take great pleasure in providing you with this Employer Manual to serve as your primary resource when meeting NYSTRS responsibilities. This Manual should be made readily accessible to staff who communicate with the Retirement System on such matters as the employer reporting process, registration of new members and service credit adjustments.

As a participating employer of this System, you play a significant role in providing timely and accurate information that eventually determines benefits payable to our members. We recognize you have served in this role conscientiously in the past and we encourage you to continue your cooperation while helping us to better serve our members and employers.

Please utilize this Manual as a guide when corresponding with NYSTRS. We sincerely hope it will serve to assist you on a regular basis. Additions and amendments will be mailed to you at appropriate times.

The System was established by the New York State legislature on August 1, 1921, under Article 11 of the Education Law, as a method of combining various individual pension systems administered by school districts. It is a public agency having the powers and privileges of a corporation.

Control of the administration and operation of the System is vested in a 10-member Board that sets policy and oversees operations consistent with appropriate statute. Three members of our Board are elected by the System's active membership, one is elected by our retired members, and six are appointees/electees representing the educational and financial professions. Executive Director Thomas K. Lee manages the System while reporting directly to the Board. 

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Updated 7/08.