Are You Retirement Ready?

04/22/2016

If you plan to retire at the end of the school year, congratulations! NYSTRS wants to be sure you are retirement ready so you may sail smoothly into your new chapter of life.

Although we always recommend that you have a benefits consultation before you file for retirement so you can thoroughly review and discuss your personal benefit information, we also have a variety of publications to help guide you toward your retirement.

Be sure to read our publication Countdown to Retirement to learn when to file your retirement application; the deadline for withdrawing your application or changing your retirement date; and, when to expect your first benefit payment.

Maximum or an Option: Choosing a Benefit Payment Right for You provides a thorough explanation of the benefit payment choices from which you must choose.

Another handy guide is the NYSTRS Retirement Checklist, which lists the six items everyone should consider before filing for retirement. Maybe the most important takeaway from the checklist: Retiring from your employer does not automatically trigger your NYSTRS retirement benefit.

We’re here to answer any other retirement-planning questions you may have. Either call us at (800) 348-7298, Ext. 6250 or send us a secure message in your online MyNYSTRS account.
 

 

 

 

Back to top