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This document outlines the eligibility and process for Student Assistants and College Work Study Students employed on the New York State Payroll to join the New York State Employees Retirement System.
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How to fill out New York State Employee’s Retirement System Membership
01
Obtain the New York State Employee's Retirement System (ERS) Membership Application form from the official ERS website or your employer.
02
Fill in your personal information, including your name, address, and Social Security number.
03
Provide your job title and agency information in the appropriate sections of the form.
04
Indicate your eligibility for retirement benefits by selecting the appropriate membership tier, if applicable.
05
Sign and date the application form to certify that the information you provided is accurate.
06
Submit the completed application to your employer or directly to the New York State ERS office as instructed.
Who needs New York State Employee’s Retirement System Membership?
01
Any employee working for New York State or a participating employer who seeks retirement benefits.
02
State agency employees looking to secure their retirement futures through the ERS.
03
Employees in eligible positions who want to plan for retirement and benefit from New York State’s pension system.
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What happens to my NY state retirement if I quit?
Withdrawal. If you leave public employment with less than ten years of service credit, you may end your NYSLRS membership and request a refund of your contributions. Withdrawing your contributions terminates your NYSLRS membership and you would become ineligible for any Retirement System benefits.
How do I speak to someone at NYS retirement system?
Contact Us If you have trouble using Retirement Online or are unable to register for an account, please call our Contact Center at 866-805-0990 or 518-474-7736 in the Albany, New York area. You may also send us a message using our secure contact form.
What is NYS employees' retirement system?
The Employees' Retirement System (ERS), which provides benefits to employees of participating public employers in non-teaching positions outside of New York City, including uniformed services personnel, such as correction officers and sheriffs.
How many years do you have to work for NY state to get a pension?
Tier 2 and 3 Members: You must have at least five years of service credit after July 1, 1973. You are eligible to retire with full benefits at age 62, or may choose early retirement with a reduced benefit between ages 55 and 62. Tier 5 and 6 Members: You must have at least five years of service credit.
How do I withdraw from my NYS retirement membership?
To withdraw your membership, sign in to your Retirement Online account, go to the 'My Account Summary' area of your Account Homepage and click “Withdraw My Membership.” You can also apply by mail by submitting the Membership Withdrawal Application (RS5014).
What is the NYS employee retirement system?
The Employees' Retirement System (ERS), which provides benefits to employees of participating public employers in non-teaching positions outside of New York City, including uniformed services personnel, such as correction officers and sheriffs.
Is a 401k the same as the NYS retirement system?
It's a supplemental retirement savings plan. New York State retirement plans will generally provide your primary retirement income. The Plan differs from other defined contribution retirement plans (like a 401(k) or 403(b)), because it is designed and managed with public employees in mind.
How many years to be vested in the New York State retirement system?
Vesting is automatic; you do not have to fill out any paperwork to become vested. Tier 1, 2, 3 or 4 members who have at least five years of credited service are vested. As of April 9, 2022, Tier 5 and 6 members also only need five years of service credit to be vested.
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What is New York State Employee’s Retirement System Membership?
The New York State Employee’s Retirement System (ERS) Membership provides retirement benefits to eligible public employees in New York State, ensuring financial security upon retirement.
Who is required to file New York State Employee’s Retirement System Membership?
All full-time employees of New York State and certain other public employees working in positions classified as eligible must file for New York State ERS Membership.
How to fill out New York State Employee’s Retirement System Membership?
To fill out the New York State ERS Membership application, individuals must complete the designated membership application form, providing personal information, employment details, and any required documentation.
What is the purpose of New York State Employee’s Retirement System Membership?
The primary purpose of New York State ERS Membership is to provide employees with a structured retirement plan that offers pension benefits and financial security after they retire from service.
What information must be reported on New York State Employee’s Retirement System Membership?
The information required on the New York State ERS Membership includes personal identification details, employment status, salary information, and previous service history if applicable.
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