When it comes to retirement planning, it’s vital to get informed about your NYSLRS retirement plan, but also to make sure your records with NYSLRS are up to date. Keeping your records current, like your public employment history or who your beneficiary should be, helps us provide you with more accurate information about your retirement benefit. One way we do this is with a NYSLRS retirement estimate, an essential step of retirement planning. The NYSLRS retirement estimate provides you with an estimation of what your pension could be based on a retirement date of your choosing and the information we have on file for you.
Preparing for Retirement: Part Three – Request a NYSLRS Retirement Estimate
The Preparing for Retirement 7-part video series discusses the main aspects of retirement planning to help NYSLRS members nearing retirement make good, informed decisions for the future. In Part Three – Request an Estimate, you’ll learn what form you need to fill out to request a NYSLRS retirement estimate and what information you’ll receive about your estimated benefits. As you’ll see in the following video, having a NYSLRS retirement estimate can help you decide how ready you are for retirement.
Important Links for Retirement Planning
- NYSLRS Home Page
- Request for Estimate Form (pdf)
- Retirement Countdown (from Life Changes: How Do I Prepare to Retire?)
- A Checklist for Those Nearing Retirement
- Life Changes: Why Should I Designate a Beneficiary?
- Find Your NYSLRS Retirement Plan
Where to Find More Retirement Planning Information
If you are close to retirement and have more questions, consider scheduling an appointment to meet with an information representative at one of NYSLRS’ consultation sites in New York State. Don’t forget to check back for the rest of the Preparing for Retirement video series, which includes retirement planning topics like:
- Personal financial planning during retirement
- How divorce may affect your pension
- Filing your retirement application
- Choosing the option of how your pension will be paid