Retirement is a big deal and we want you to be prepared. The resources below will help you. You can project your pension, learn about your NYSLRS pension benefits and find tips on financial planning for retirement.
Becoming familiar with your retirement plan is vital to your retirement planning. Find your plan book on our Publications page to learn about the benefit eligibility requirements and calculations specific to your plan.
Service credit determines your eligibility for retirement and disability benefits, death benefits and loans.
Your Final Average Earnings (FAE) are one of the major components that determines the amount of your pension benefit.
Our calculator will estimate your NYSLRS pension based on information you enter. You can enter different retirement dates, final average earnings and service credit totals to compare retirement outcomes.
Certain Police and Fire Retirement System (PFRS) and Employees’ Retirement System (ERS) members can receive a partial lump sum (PLS) payment at retirement, in exchange for a permanently reduced monthly benefit.
NYSLRS Special Durable Power of Attorney (POA) document allows someone to act on your behalf regarding retirement benefit transactions.
Retirement benefits are considered marital property and can be divided between you and your ex-spouse when the marriage ends. Any division of your benefits must be stated in the form of a Domestic Relations Order (DRO).
If you are considering returning to work after retirement, you should be aware of the restrictions to post-retirement employment.
Read about retirement planning strategies. Save and invest money, get out of debt, understand Social Security, and estimate your retirement income.
It’s important to , which could be as simple as making a list of all your expenses. Our can get you started.
A step-by-step guide to the retirement process, including resources, factors to consider, what happens after you submit your application and post-retirement concerns.
This timeline walks you through important topics you’ll need to consider, and steps you should take starting 18 months before your retirement date.
If you’re nearing retirement, you may want to schedule a pre-retirement consultation to review your benefits and get answers to your questions.