The following is a summary of rules for a service retirement benefit, which can vary based on your tier, age, earnings and service credit. Your Maximum annual pension is determined by the following formula: Pension Factor x Age Factor (if applicable) x Final Average Salary...
/Benefits/Service-Retirement
If you have been diagnosed with a life-threatening medical condition, or are having surgery or treatment for a medical condition, consider filing a disability retirement application. Doing so provides an important safety net for you and your beneficiaries. To file for protec...
/Benefits/Disability-Retirement
Save the date for the 2024 Delegates Meeting! The event will return to the Saratoga Springs City Center Nov. 3-4, 2024. 2023 Delegates Meeting NYSTRS’ 2023 Delegates Meeting was held Nov. 5-6 at the Saratoga Springs City Center. Delegates attending the meeting re-elected ...
/Delegates/Annual-Delegates-Meeting
Sections 211 and 212 of the Retirement and Social Security Law govern NYS public employment by service retirees under age 65. Working under Section 211 requires your employer to obtain a waiver. The current Section 212 earnings limit, determined by the state Legislature, is ...
/Retirees/Earnings-After-Retirement
For additional information, see Legal Forms . 2023 Compilation of Laws Covering NYSTRS A compendium of the principal laws of New York State governing NYSTRS. NYSTRS Rules and Regulations A compilation of the official rules and regulations guiding NYSTRS. Power of...
/Library/Publications/Legal
See Also How Much Income Do Retirees Actually Have? State and Local Spending on Employee Retirement Systems (2019) NCPERS Study: Pension Plans Meet Obligations Why Pensions Matter: The History of Defined Benefit Pension Plans in the USA (2017) Retirement Securi...
/Library/Pension-Education-Toolkit/Facts-Research
In addition to leading a dedicated staff, NYSTRS’ executive team provides counsel to the System’s 10-member Board. The leadership team is committed to providing members with a secure pension while ensuring the System remains a model for pension fund excellence and exceptiona...
/About-Us/Executive-Staff
Public pensions are a hot topic in the news, so we developed this Pension Education Toolkit to help deepen your understanding of defined benefit public pension plans. Supplemental information is found on our Facts & Research page. Additional data is available through our...
/Library/Pension-Education-Toolkit
NYSTRS is proactive in combating fraud by providing various ways for those with information to report suspected fraud, waste or abuse affecting the System. The following are helpful tips for reporting fraud. 1. What types of incidents should be reported? The following is a ...
/Contact/Report-Fraud/Report-Fraud-FAQs
Public pensions are a hot topic in the news, so we developed this Pension Education Toolkit to help deepen your understanding of defined benefit public pension plans. Supplemental information is found on our Facts & Research page. Additional data is available through our...
/I-m-looking-for/Pension-Education-Toolkit
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