Skip to Content

New York State and Local Retirement System

Member E-News Archives — 2012

Share This

Like what you see? Share it with a friend.

Email this page

Share this page on Facebook

Share this page on Twitter

Create a permanent link

Sign up to make sure you receive the latest Retirement System news.

April 2012

Hot Topics

Tier 6 Began April 1, 2012 Tier 6 affects members who join the Employees’ Retirement System (ERS) or the Police and Fire Retirement System (PFRS) on or after April 1, 2012. Current members (ERS Tiers 1, 2, 3, 4 and 5; PFRS Tiers 1, 2, 3 and 5) are not affected by this new legislation.

Close to Retirement?

Pick Your Payment Option When you retire, you must choose one of several different options for your monthly pension benefit. Some offer you a reduced monthly benefit, but will provide your beneficiary with a benefit after your death. Read our Payment Option Descriptions page to learn more.

By the Way: Retirement Online is a helpful tool that allows you to view your benefit information — such as your contribution balance and beneficiary designations — securely on our website. If you haven’t already enrolled, take a few minutes to sign up for Retirement Online now.

Sign up to receive emails on other topics of interest from the Comptroller’s Office.

(Return to Top)

March 2012

Hot Topics

Know Your Membership Milestones During your civil service career, you’ll reach milestones that are specific to your retirement plan and years of service. Our Employees’ Retirement System member milestones and Police & Fire Retirement System member milestones can help you determine when your benefits become available.

Close to Retirement?

Check Your Health Coverage Before You Retire The Retirement System doesn’t manage post-retirement health benefits for its members. If you work for a non-State employer, contact your health benefit administrator to determine eligibility for post-retirement benefits for you and your family. If you work for the State, visit the Civil Service website for more information.

By the Way: Retirement Online is a helpful tool that allows you to view your benefit information — such as your contribution balance and beneficiary designations — securely on our website. If you haven’t already enrolled, take a few minutes to sign up for Retirement Online now.

Sign up to receive emails on other topics of interest from the Comptroller’s Office.

(Return to Top)

February 2012

Hot Topics

Repaying Your Retirement Loan Your retirement loan is repaid through payroll deductions, but you can also make additional payments or pay off your loan completely at any time. Read more about how to repay your loan.

Latest Newsletters on the Web The Spring 2012 editions of The Update PDF icon and The Sentinel PDF icon are available to view online. Read about the latest retirement information you need to know, before the hardcopy newsletters hit the streets.

Close to Retirement?

Planning for Retirement Do you know if your service credit is up-to-date, or if your retirement loan will be paid off before you retire? These are just some of the things you need to consider when planning for retirement. Check our Retirement Planning Tips for more information.

By the Way: Retirement Online is a helpful tool that allows you to view your benefit information — such as your contribution balance and beneficiary designations — securely on our website. If you haven’t already enrolled, take a few minutes to sign up for Retirement Online now.

Sign up to receive emails on other topics of interest from the Comptroller’s Office.

(Return to Top)

January 2012

Hot Topics

Tips for Elected/Appointed Officials on Keeping Your Record of Activities If you are an elected or appointed official starting a new term, you must keep a record of your activities or certify an existing record. Learn more about your responsibilities as a Retirement System member.

Close to Retirement?

Retiring at Age 62 vs. Age 55 The age at which you retire can have a significant impact on the benefit you receive. Before choosing your retirement date, read more about early age reductions.

By the Way: Retirement Online is a helpful tool that allows you to view your benefit information — such as your contribution balance and beneficiary designations — securely on our website. If you haven’t already enrolled, take a few minutes to sign up for Retirement Online now.

Sign up to receive emails on other topics of interest from the Comptroller’s Office.

(Return to Top)