Headlines

Elizabeth A. Chetney, a teacher in the Baldwinsville Central School District, was appointed to the NYSTRS Board to fill a teacher member opening.

A new study debunks the myth that Baby Boomers are to blame for the financial shortfall facing Social Security and points out that the root of the problem was the failure to build up a trust fund – like NYSTRS and other well-funded defined benefit pension plans have done – before paying the first retirees.  

Jennifer J. Longtin, an insurance executive from Ballston Lake, and Christopher Morin, a retired investment banking executive from Scarsdale, were elected to the NYSTRS Board by the New York State Board of Regents. Their terms began July 1.

If you have a MyNYSTRS account but haven’t logged in recently, check out the new, more modern design that looks good and works smoothly on any device.

Retiring soon and have lots of questions about the application process, how benefits are calculated, what planning resources are available to you, and more? You’ll find answers to many of your questions in our newly revised Retirement Planning FAQs page.

Retirees who worked in NYS public employment in 2018 and were under age 65 for the entire calendar year must report these non-pension earnings to NYSTRS if the legislated earnings limit of $30,000 was exceeded. 

Just in time for peak retirement season, there’s a new addition to our video library that will help those planning to retire soon.

If you have made the decision to retire, you can find everything you need to know about the NYSTRS retirement process on our new, easy-to-use Ready to Retire page.

Pension costs for NYSTRS-participating employers are expected to drop about 17% for the 2019-20 school year.

The rules for working in retirement differ based on type of employment, age and several other variables. Our publication Working in Retirement is newly updated and is a must-read for anyone employed and collecting a NYSTRS pension.

Retiree spending of defined benefit pensions generated $1.2 trillion in total economic output and supported 7.5 million jobs across the country in 2016, according to a new study by the National Institute on Retirement Security (NIRS).

With a nearly 100% funding ratio, NYSTRS continues to rank among the top 10 largest retirement plans and among the best-funded public pension systems in the country.

Defined benefit pension plans are vital for attracting and retaining teachers in the classroom, and they also aid local economies, according to a new report from the National Institute on Retirement Security (NIRS).