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Office of the New York State Comptroller
New York State and Local Retirement System
Employees Retirement System
Police and Fire Retirement System
110 State Street, Albany, New York 122440001Retirement
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How to fill out retirement option election form
How to fill out retirement option election form
01
Start by reading the retirement option election form carefully to understand the instructions and requirements.
02
Fill out your personal information accurately, including your full name, employee ID, and contact details.
03
Select the retirement option that best suits your needs. This may include options like a lump sum payment, a monthly pension, or a combination of both.
04
If there are any additional beneficiaries or survivors who should receive benefits upon your retirement, provide their information as requested.
05
Double-check all the information you have provided to ensure its accuracy and completeness.
06
Sign and date the form at the designated space to certify that the information provided is true and accurate.
07
Follow any submission instructions provided, such as mailing the form to the specified address or submitting it online through the retirement system's website.
08
Keep a copy of the completed form for your records.
Who needs retirement option election form?
01
Employees who are eligible for retirement benefits and have the option to choose from different retirement plans or benefits packages.
02
Individuals who want to make informed decisions about their retirement benefits and determine the best option for their financial goals.
03
Those who need to designate beneficiaries or survivors who will receive benefits in the event of their death.
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What is retirement option election form?
The retirement option election form is a document that allows individuals to choose their preferred retirement benefit option.
Who is required to file retirement option election form?
Employees who are eligible for retirement benefits are required to file a retirement option election form.
How to fill out retirement option election form?
The retirement option election form can be filled out by providing personal information, selecting a retirement benefit option, and signing the form.
What is the purpose of retirement option election form?
The purpose of the retirement option election form is to allow individuals to choose their desired retirement benefit option.
What information must be reported on retirement option election form?
The retirement option election form must include personal information, retirement benefit option selection, and signature.
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