NYSLRS - New York State & Local Retirement System

Comptroller DiNapoli and NYSLRS staff had a great time meeting members and retirees at the New York State Fair. Thanks to everyone who stopped by to see us.

A reminder for NYSLRS retirees: If you have direct deposit, your August pension payment will be in your account on Friday, August 30. If you don’t have direct deposit, NYSLRS will mail your check on Thursday, August 29.

Pension Payment Calendar NYSLRS pays retirement benefits at the end of each month — by mail on the second-to-last business day, by direct deposit on the last business day.

The New York State Fair continues! Between the food, rides and exhibits, stop by the NY ABLE and 529 College Savings Program booth (in the Center of Progress Building) to find out more about these programs and the tax benefits that help pay for college or disability expenses. https://www.osc.ny.gov/savings

Daniel Hans of the NYSLRS team is on the ground at the New York State Fair to answer your retirement benefit questions. Stop by our booth— #227 in the Center of Progress Building. https://nyretirementnews.com/visit-nyslrs-at-the-new-york-state-fair/

The New York State Fair kicks off this Wednesday, and NYSLRS will be there. Stop by our booth and bring your retirement planning and benefit questions.

Visit NYSLRS at the New York State Fair - New York Retirement News NYSLRS representatives will be at this year’s New York State Fair to help members and retirees with their benefit questions.

Are you a Tier 6 member? Check out these benefit summaries for an introduction to your NYSLRS benefits.
ERS Tier 6: https://bit.ly/4fMsGaG
PFRS Tier 6: https://bit.ly/4fYpmtx

Retirement Benefit Summary Tier 6 ERS A summary of membership benefits for Tier 6 New York State and Local Employees’ Retirement System members.

Did you serve in the U.S. armed forces or work for a public employer in New York before joining NYSLRS? Find out how to request additional service credit, which could increase your pension amount.

Requesting Additional Service Credit - New York Retirement News You may be able to purchase additional service credit for previous public employment or military service to improve your NYSLRS pension.

As a NYSLRS member, you’re part of a defined benefit plan. These plans provide several advantages over 401(k)-style plans offered by many private employers.

Your NYSLRS Pension—A Defined Benefit Plan - New York Retirement News As a NYSLRS member, you're part of a defined benefit plan. Once you're eligible, you'll receive a monthly pension payment for life.

If you joined NYSLRS recently, learn about your benefits and how your membership works. Here are a few things to know and do when you first become a member.

Welcome New Members If you’re a new NYSLRS member, you can find handy resources in one convenient place. Learn how NYSLRS pensions work and read about your membership and benefits.

Retirement benefits can be confusing. Today we’re debunking more common myths to help you better understand your NYSLRS benefits.

Common Retirement Myths—Part 2 - New York Retirement News Small misunderstandings can have a big impact on your retirement benefits, so it’s important to distinguish between retirement myths and facts.

Read the latest issue of CSEA Retiree News—featuring an article from NYS Comptroller Thomas P. DiNapoli about recent investigations to fight pension fraud and protect NYSLRS retiree pension benefits.

Retiree News Archive 2024Read the Winter 2024Retiree NewsRead the Spring 2024Retiree NewsRead the Summer 2024Retiree News2023Read the Winter 2023Retiree NewsRead the Spring 2023Retiree NewsRead the Summer 2023Retiree NewsRead the Fall 2023Retiree News2022Re

Base your retirement planning on facts, not fiction. We’re setting the record straight on these common NYSLRS benefit myths.

Common Retirement Myths—Part 1 - New York Retirement News Retirement benefits can be confusing, so we’re debunking some common myths so you have the facts about your NYSLRS benefits.

A reminder for NYSLRS retirees: If you have direct deposit, your July pension payment will be in your account on Wednesday, July 31. If you don’t have direct deposit, NYSLRS will mail your check tomorrow, July 30.

Pension Payment Calendar NYSLRS pays retirement benefits at the end of each month — by mail on the second-to-last business day, by direct deposit on the last business day.

Divorce may affect your pension when you retire. However, there’s more to your NYSLRS membership than your pension, and divorce may affect other benefits as well.

Divorce and Your Other NYSLRS Benefits — Part 2 - New York Retirement News Divorce can affect your NYSLRS pension, but it could also affect other NYSLRS benefits.

Retirement benefits are considered marital property and can be divided after a divorce. Learn more about how divorce can affect your NYSLRS pension.

Divorce and Your Pension — Part 1 - New York Retirement News Pension benefits are considered marital property that may be divided after a divorce. Learn more about divorce and your NYSLRS benefits.

Planning on taking out a NYSLRS loan? When you use Retirement Online, your application is received immediately and processed more quickly. It’s also a convenient way to check how much you can borrow, your balance on any outstanding loans, and more.

Applying for a NYSLRS Loan in Retirement Online - New York Retirement News Applying for a NYSLRS loan is fast and convenient when you use Retirement Online. You’ll also get your money faster if you apply online.

One of the first things you should do when you join NYSLRS is designate beneficiaries for your death benefit. But make sure you review your choices periodically and keep your beneficiary’s contact information up to date.

Designate and Update Your Beneficiaries It's important for NYSLRS members to designate a beneficiary and regularly review their beneficiary choices. In this video, see how to make sure your benefic...

Know Your Benefits: NYSLRS retirement plans provide death benefits for beneficiaries of eligible members. Learn what benefits may be available if you die before retiring, and how to make sure your beneficiaries are up to date.

Know Your Benefits: Death Benefits - New York Retirement News Most NYSLRS members are eligible to leave survivors a death benefit if they die while still on the public payroll.

Retirement Online is the fastest, most convenient way to review your benefits and manage your NYSLRS account. Members can update contact information, view and update beneficiaries, apply for a loan, estimate your pension, apply for retirement and more.

What Members Can Do in Retirement Online - New York Retirement News Retirement Online for members is a secure and convenient way to do business with NYSLRS, including applying for retirement.

Employees’ Retirement System Examiners play an essential role in providing benefits to more than 1.2 million NYSLRS members, retirees and beneficiaries. Do you know someone who wants to build a career with purpose? The State Comptroller's Office has many positions available and some no longer require a civil service exam to apply. Learn more: www.osc.ny.gov/jobs.

Call Center representatives are an important first point of contact for more than 1.2 million NYSLRS members, retirees and beneficiaries. If you know someone who wants to build a career with purpose, good news! The State Comptroller's Office has many positions available and some no longer require a civil service exam to apply. Learn more: www.osc.ny.gov/jobs

ERS Tier 3 and 4 members: Understanding your membership milestones will help you plan for retirement.

ERS Tier 3 and 4 Milestones - New York Retirement News ERS Tier 3 and 4 members should be aware of important member milestones that affect their NYSLRS benefits over the course of their careers.

ERS Tier 5 members: Understanding your membership milestones will help you plan for retirement.

ERS Tier 5 Milestones - New York Retirement News ERS Tier 5 members should be aware of important member milestones that affect their NYSLRS benefits over the course of their careers.

For most NYSLRS retirees who return to work for a public employer in New York State, the amount you can earn each calendar year, without affecting your pension, is limited to $35,000. If you are going to earn more than the limit, remember to contact NYSLRS at least one month before you do.

Working After Retirement: Retiree Earnings Limit - New York Retirement News NYSLRS retirees can work for a public employer in New York, but, depending on several factors, there may be an annual earnings limit.

A reminder for NYSLRS retirees: If you have direct deposit, your June pension payment will be in your account Friday, June 28. If you don't have direct deposit, NYSLRS will mail your check tomorrow, June 27.

Pension Payment Calendar NYSLRS pays retirement benefits at the end of each month — by mail on the second-to-last business day, by direct deposit on the last business day.

DiNapoli: State Pension Fund Investments Return 11.55% for State Fiscal Year 2023-24 New York State Comptroller Thomas P. DiNapoli today announced that the New York State Common Retirement Fund’s investment return was 11.55% for the state fiscal year that ended March 31, 2024.