13 thoughts on “Questions? You Can Find Answers in Retirement Online

    1. NYSLRS

      Retirement benefits, including COLA, are established by law. The decision on whether to enact new laws comes from the State Legislature and the Governor.

      The State Legislature would need to pass a bill and the Governor would need to sign it into law in order to increase the COLA amount.

      Reply
    1. NYSLRS Post author

      Normally, your retirement application must be on file with the Office of the State Comptroller at least 15 days, but not more than 90 days, before your retirement date. The 15-day filing requirement has been waived by a governor’s executive order through December 3, 2020.

      You can find more information in our recent blog post, which we will continue to update if the waiver is extended. You may also wish to read our blog post about applying for retirement using Retirement Online.

      Reply
  1. GARY Hillyard

    I retired at 62, I’ll be 66 yrs old in 2 weeks. I was thinking about a part time job in our Town School Dist. How would this effect my pension just wondering before I make any decisions. Any info is helpful please & thank you!!!

    Reply
    1. NYSLRS Post author

      There is an earnings limit for NYSLRS retirees who work for a public employer, but the limit does not apply for most retirees who are over the age of 65.

      For information about your specific situation, please email our customer service representatives using the secure email form on our website. Filling out the secure form allows them to safely contact you about your personal account information.

      Reply
  2. sharon jacobs

    if you are a nys retired employee, do you get reimbursed the $144.00 that is taken out of medicare for health insurance?

    Reply
    1. NYSLRS Post author

      NYSLRS does not administer health insurance programs for its retirees.

      Unless they are receiving reimbursement from another source, the Department of Civil Service reimburses retired State and public authority employees who are enrolled in the New York State Health Insurance Program (NYSHIP) the usual cost of the Medicare Part B (medical insurance) premium through their retirement benefit.

      Civil Service does not reimburse Medicare Part B premium costs to local government retirees or to retirees who are not enrolled in NYSHIP.

      For more information about Medicare reimbursement, please call the Civil Service Department at 1-800-833-4344 or 518-457-5754 or email them at pio@cs.ny.gov.

      Reply
    1. NYSLRS Post author

      Most NYSLRS pension payment options do not allow you to change or add beneficiaries after retirement. However, there are a few possible death benefits that may be available to NYSLRS retirees. The specific death benefit you have determines whether you can change or add beneficiaries after retirement.

      For information specific to your circumstances, please email our customer service representatives using the secure contact form on our website. Filling out the secure form allows us to safely contact you about your personal account information.

      Reply
  3. Brian

    In my 2020 Member Annual Statement, under the Projected Monthly Retirement Benefit section, it displays a projected benefit amount with the statement, “This projection is based on your 62nd birthday, which is the earliest date to receive full benefits”. In my particular case, this statement is incorrect. As I am a Tier 4 member, the earliest date to receive full benefits is my 55th birthday, as I will have had 30 years of service credit by then. My question is: Does my specific member statement, which applies to me, need to be corrected?

    Reply
    1. NYSLRS

      “This projection is based on your 62nd birthday, which is the earliest date to receive full benefits,” is a generalization that applies to the majority of Tier 4 members who will retire at 62 and receive full benefits. Most Tier 4 members, depending on their plan, who retire at 55 with 30 or more years of service can retire with full benefits. However, for specific questions that apply to your own circumstances, please email our customer service representatives using the secure email form on our website (http://www.emailNYSLRS.com). One of them will review your account and respond to your questions. Filling out the secure form allows us to safely contact you about your personal account information.

      NOTE: most members can use the benefit calculator in Retirement Online to get estimates of their pension at different retirement dates. Sign in to your Retirement Online account, go to the My Account Summary area of your Account Homepage and click the Estimate my Pension Benefit button. If you don’t already have an account, go to the Sign In page and click the Sign Up link under the Customer Sign In button.

      Reply

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