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People also ask
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How do I find my NYCERS member number?
Member Number: Member numbers are issued to new members at the time they join NYCERS. Your member number will appear on all communications from NYCERS as well as your payroll checks and stubs. -
What forms are needed for NYS retirement?
Applications for Retirement. Application for Service Retirement (RS-6037) ... Beneficiaries. Eligibility of Retired Employee for Survivor's Benefit (RS-6355) ... Change of Address. Change of Address Form for Active Members (RS-5512) ... Health Benefits. Health Insurance Transaction Form (PS-404) ... M/C Life Insurance. ... Sign Up / Decline. -
What is the Tier 6 63 5 plan?
The 63/5 Retirement Plan, also referred to as the Tier 6 Basic Plan, allows participants to retire with an unreduced pension at age 63 with at least five years of Credited Service. -
How many years do you have to work for NY State to get a pension?
To receive the full retirement benefit, you must retire at age 62 or older or, if you have at least 30 years of credited service, you may retire as early as age 55. With less than 30 years of credited service, you may retire between the ages 55 and 62 and receive a reduced benefit. -
What is the retirement age for Tier 6 NYC?
Most Tier 6 members are eligible for a service retirement benefit at age 63, or they can choose to retire as early as age 55 with a reduced benefit. -
How much is the death benefit at NYCERS?
The death benefit is equal to your earnings multiplied by your years of service, not to exceed three years of earnings. -
What is the NYCERS Form 562?
This form allows you to elect one of two temporary options before you elect a permanent option and thereby make a final decision regarding the way in which your retirement benefit will be paid. NYCERS recommends that you choose a temporary option as soon as possible. -
Who runs the NYCERS?
The Board of Trustees is the governing body of NYCERS. Its responsibilities include investing the assets of the retirement system, establishing the administrative budget of the system and promulgating rules and regulations necessary to carry out provisions of law.
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