Skip to Content

Office of the New York State Comptroller’s Seal

NYS Comptroller

Thomas P. DiNapoli

Retiree Annual Statement Guide

Share This Page:

Retirees will receive a Retiree Annual Statement (RAS) and newsletter from NYSLRS by early March. The RAS provides important benefit and payment information for the last calendar year.

Listed below is the information you can expect to find on the Statement page of your RAS and an explanation of what each term means.

Note: You can Register or Sign In to Retirement Online to view your account information throughout the year. You can see a breakdown of your monthly pension payment, update your contact information or generate an income verification letter.

Items in Your Statement

Retirement #
We use this number to identify retirees, as an alternative to your Social Security number, to protect your privacy and ensure your information is secure. Use it when you call or write to us.
Total Normal Benefit
The amount of your monthly payment before taxes and any deductions or credits.
Total COLA / Supplement Allowance
Credits to your monthly payment intended to help your pension keep pace with inflation. See our Cost-of-Living Adjustment page for more information.
Total Benefit Adjustments
Changes to your pension benefit, including deductions for equitable distributions, workers’ compensation, tax liens, alimony and child support.
Total Medicare Credits
If you retired from a New York State agency and are enrolled in a plan under the New York State Health Insurance Program (NYSHIP), this annual credit reimburses you for Medicare Part B. If you’re reimbursed by another source, your statement will show $0.00.
Contact your benefit provider with any questions.
Total Miscellaneous Deductions
Usually dues or fees you’ve agreed to pay through pension deductions. For example, union dues would appear here.
Total Federal Withholding Tax
Money withheld for federal income tax. You may change this amount anytime by sending a W-4P form Adobe pdf to:

NYSLRS

Attn.: Tax Unit, 4th floor

110 State Street

Albany, NY 12244-0001

Total Health Insurance Premiums
Money withheld to pay for health care. NYSLRS does not administer health insurance benefits. However, we can deduct retiree premiums from pension payments at your former employer’s request. If you have questions about health insurance coverage and you retired from a New York State agency, contact the New York State Department of Civil Service. If you retired from a public employer other than New York State (a county, city, town, village or school district), please contact your former employer’s benefits administrator.
If you pay out of pocket, your statement will show $0.00.
Total Net Benefit
Your total pension payout for the year, after all taxes, deductions and credits.

Tax Filing

Do not use this statement for tax purposes. If your pension is taxable, we mail you a 1099-R form each year by January 31. If you haven’t received it, we may not have your correct mailing address. If you’ve recently moved, contact us to update your address and to request a reprint of your 1099-R. You can also update your address using your Retirement Online account. We don’t issue a 1099-R form if you are receiving a disability retirement benefit that isn’t taxable.

Your Benefit Payment Option

This is how you chose to receive your benefit at retirement. For example, you may have chosen to take the maximum amount (the Single Life Allowance), or you may have taken a reduced amount in order to leave a possible benefit to a beneficiary.

For more information about options, visit our Payment Option Descriptions page.

Note: If you chose a “pop-up” option and your beneficiary has since died, your statement will still show that option. Only the amount of your benefit would change, not the option itself.

(Rev. 2/19)

(Return to Top)