Looking for some summer reading? Why not check out these publications from NYSLRS? They’re light on colorful characters and exotic settings, but what they lack in plot intrigue, they make up for in important retirement information.
1. Retirement Plan for ERS Tier 3 and 4 Members (Articles 14 and 15)
More than 250,000 Tier 3 and 4 members of the Employee’s Retirement System (ERS) are covered by this plan. The publication explains some of the benefits and the services available to you, including a service retirement, a vested retirement, a disability retirement, death benefits and more. Read it now.
2. Retirement Plan for ERS Tier 5 Members (Article 15)
If you joined ERS from January 1, 2010 through March 30, 2012, you are in Tier 5. This booklet describes benefits for Tier 5 members in regular retirement plans. Read it now.
3. Retirement Plan for ERS Tier 6 Members (Article 15)
More than 178,000 Tier 6 ERS members are covered by this Plan. The publication explains some of the benefits and the services available to you, including a service retirement, a vested retirement, a disability retirement, death benefits and more. Read it now.
4. Life Changes: A Guide for Retirees
Already retired? As a NYSLRS retiree, you know that you will receive a monthly retirement benefit for life. However there may be other benefits available to you, as well as services that we provide retirees. This guide will answer many of the questions you may have and explain your responsibilities as a retiree. Read it now.
5. What If I Work After Retirement?
In most cases, NYSLRS retirees under 65 can earn up to $35,000 per calendar year in a public-sector job, but there are no restrictions if you work for a private-sector employer. If you plan to work while collecting your pension, you should read this booklet. Read it now.
Other Plan Booklets
Not covered by the retirement plans above? Maybe you’re a police officer, a firefighter, a sheriff or a correctional officer. You can still find you plan booklet on our Publications page. They’re great reading any time of year. If you’re not sure which plan covers your benefits, you can ask your employer or Contact Us.
what is the 2020 cola?
The September 2020 cost-of-living adjustment (COLA) is 1 percent applied to the first $18,000 of an eligible retiree’s Single Life Allowance, even if they selected a different pension payment option. The maximum annual increase is $180.00, or $15.00 per month before taxes.
Eligible retirees will receive the COLA increase in direct deposits made on September 30 or in pension checks mailed September 29.