Retirees

If you return to work after retiring from NYSTRS, be aware it could impact your NYSTRS benefit.

The cost-of-living adjustment (COLA) for September 2023 through August 2024 benefit payments is 2.5%.

Your retirement benefit is subject to federal income tax (except for previously taxed contributions) but is exempt from New York State income tax.

Tier 2-6 members who meet eligibility requirements may have a death benefit in retirement.

Refer to our Retired Member FAQs for answers to many common questions.

Read our retired member newsletter Resource.

How to notify us of the passing of a member.

Snapshots of our financial strength and demographics.