Search Results
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NYSTRS Board Adopts Climate Change Action Plan
Plan reflects the Board@s deliberative process to analyze climate risks and opportunities related to NYSTRS@ investment portfolio and is consistent with its fiduciary duties to nearly 435,000 System members.https://www.nystrs.org/about-us/press-room/news/nystrs-board-adopts-climate-change-action-plan/
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Four Fundamentals of Security
NYSTRS is always here to help you build the foundation for your retirement: a secure pension. Learn the fundamentals of preparing for your future while keeping your information secure.https://www.nystrs.org/about-us/press-room/news/four-fundamentals-of-security/
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Election Being Held for Retired Teacher Board Seat
An election is being held for the retired teacher member seat on NYSTRS@ Board. The candidates are incumbent Board President David P. Keefe of Hempstead and Sally L. Courtright of Loudonville.https://www.nystrs.org/about-us/press-room/news/election-being-held-for-retired-teacher-board-seat/
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NYSTRS Celebrates 100th Anniversary
It@s our centennial and we@re celebrating all year long! NYSTRS is proudly turning 100 this year. Join the party by visiting our centennial webpage at NYSTRS.org/100 throughout the year.https://www.nystrs.org/about-us/press-room/news/nystrs-celebrates-100th-anniversary/
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Iberger Joins NYSTRS Board of Trustees
Eric J. Iberger, a teacher in the Bayport-Blue Point Union Free School District, was appointed to NYSTRS@ 10-member Retirement Board. He is one of three active teacher members on the Board.https://www.nystrs.org/about-us/press-room/news/iberger-joins-nystrs-board-of-trustees/
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1099-R Tax Statements Available in MyNYSTRS
Your 1099-R tax statement for calendar year 2020 pension earnings is now available online in your secure MyNYSTRS account. Paper copies, if you elected that option, will be mailed later this month and will likely arrive in early February.https://www.nystrs.org/about-us/press-room/news/1099-r-tax-statements-available-in-mynystrs/
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COLA Takes Effect With Sept. 30 Benefit Payment
The cost-of-living adjustment (COLA) for Sept. 2024 through Aug. 2025 benefit payments is 1.8%. By law, eligible retirees who have an annual benefit of $18,000 or more will receive a monthly increase of $27 beginning with the Sept. 30 pension payment.https://www.nystrs.org/about-us/press-room/news/cola-takes-effect-with-sept-30-benefit-payment/
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Delegate Election Period is Now Open
The election period for the next two-year term for delegates and alternates is now open. Elections must be held between March 1 and June 1, 2025, with results reported to NYSTRS by July 1.https://www.nystrs.org/about-us/press-room/news/delegate-election-period-is-now-open/
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Taxes & Estate Planning
Your retirement benefit is subject to federal income tax (except for previously taxed contributions) but is exempt from New York state income tax. Contact Us 800-348-7298, ext. 6120 [email protected] Tax Rules for Your Retirement BenefitSee the NYSTRS document General Income Tax Information for the basics. In short, you can have federal taxes withheld from your monthly benefit payment or have no federal income tax withheld (in which case you would be responsible for paying taxes directly to...https://www.nystrs.org/retirees/taxes-estate-planning/
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Employer Contribution Rate
The Employer Contribution Rate (ECR) is the percentage of member payroll employers contribute to NYSTRS. ESA Login Log in to Employer Secure Area This rate is determined annually through an actuarial valuation of NYSTRS' assets and liabilities. These contributions have been collected without fail throughout the System's history, keeping NYSTRS among the most secure plans in the country.The most recent rates are as follows:To be CollectedECRApplicable toFall 20269.59%2025-26 School Year Salari...https://www.nystrs.org/employers/employer-contribution-rate/