Member E-News Archives — 2013
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April 2013
Hot Topics
Changes to Consultation Site Schedules Beginning July 1, our White Plains and Watertown consultation schedules will change. Our White Plains office will be open every Wednesday for consultation appointments. Our Watertown office will be open for consultation appointments on Wednesday, July 10 and, starting August 7, on the first Wednesday of every month. Check our Consultation Site Offices page for more information.
Receiving Military Service Credit There are different sections of the law that allow Retirement System members to receive additional service credit for certain past military service. You may be able to receive credit for some or all of your military service. Learn more about applying for past military service.
Close to Retirement?
What It Means to Be Vested You are “vested” when you’ve earned enough service credit to qualify for a pension. Members in Tiers 1 through 4 need five years of service credit to be vested; Tier 5 and 6 members must have ten years. If you leave public employment, you could be eligible for a vested benefit if you meet certain requirements. Learn more about the vested retirement benefit.
By the Way: Retirement Online is a helpful tool that allows you to view your benefit information — such as your contribution balance and beneficiary designations — securely on our website. If you haven’t already enrolled, take a few minutes to sign up for Retirement Online now.
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March 2013
Hot Topics
Latest Newsletters Now Online
The Spring 2013 editions of The Update 
and The Sentinel are available online. Learn more about the latest retirement information you need to know, before the hardcopy newsletters hit the streets.
Close to Retirement?
What Are Your Options? When you retire, you must choose one of several different options for your monthly pension benefit. Some offer you a reduced monthly benefit, but will provide your beneficiary with a benefit after your death. Read our Payment Option Descriptions page to learn more.
By the Way: Retirement Online is a helpful tool that allows you to view your benefit information — such as your contribution balance and beneficiary designations — securely on our website. If you haven’t already enrolled, take a few minutes to sign up for Retirement Online now.
Sign up to receive emails on other topics of interest from the Comptroller’s Office.
February 2013
Hot Topics
Repaying Your Retirement Loan Your retirement loan is repaid through payroll deductions, but you can also make additional payments or pay off your loan completely at any time. Don’t forget — if you don’t repay your retirement loan before you retire, your retirement benefit will be permanently reduced. Learn more about repaying your loan.
Close to Retirement?
Check Your Beneficiaries
Please remember to check your beneficiary information before you retire. We are required by law to issue your death benefits to the last beneficiaries you designated, even if they are not the beneficiaries you would designate today. Some designations can be revoked in the event of divorce. Submit a Designation of Beneficiary form (RS5127) to update your beneficiaries.
By the Way: Retirement Online is a helpful tool that allows you to view your benefit information — such as your contribution balance and beneficiary designations — securely on our website. If you haven’t already enrolled, take a few minutes to sign up for Retirement Online now.
Sign up to receive emails on other topics of interest from the Comptroller’s Office.
January 2013
Hot Topics
Elected & Appointed Officials: Start Your Record of Activities Elected and appointed officials need to create a record of work-related activities within 150 days of the start of a new term or certify an existing record. Learn more about your responsibilities as a Retirement System member.
Close to Retirement?
Check Your Health Coverage Before You Retire The Retirement System doesn’t manage post-retirement health benefits for its members. If you work for a non-State employer, contact your health benefit administrator to determine eligibility for post-retirement benefits for you and your family. If you work for the State, visit the Civil Service website for more information.
By the Way: Retirement Online is a helpful tool that allows you to view your benefit information — such as your contribution balance and beneficiary designations — securely on our website. If you haven’t already enrolled, take a few minutes to sign up for Retirement Online now.
Sign up to receive emails on other topics of interest from the Comptroller’s Office.
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