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 STD Form NYSNA Pension Plan and Benefits Fund Rnbenefits 2003

Nysna Benefits Number 2003-2024 Form

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Instructions and help about STD Form NYSNA Pension Plan And Benefits Fund Rnbenefits

[Music] hello and welcome to an introduction to your neisters benefit in this video we'll cover some retirement system basics discuss neister's benefits and point out some additional resources available to you we'll start with the basics nicers is one of the largest pension plans in the world we pay out more than eight billion dollars in benefits every year and we have over 435 000 members membership is mandatory for all full-time teachers teaching assistants guidance counselors and administrators employed in new york state public schools and other participating employers outside of new york city membership for teachers employed less than full-time is optional but recommended as it will establish eligibility for possible future benefits we administer a defined benefit or db plan this means your pension is based on three primary factors age years of service and salary tier of membership also comes into play new york has six different tiers with different calculations for each tier after

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