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New York State Teachers' Retirement System

Albany, New York (United States)

Web: nystrs.org

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Company Description:

NYSTRS administers a defined benefit plan providing members pension security.

Established in 1921 by the New York State Legislature, NYSTRS provides retirement, disability and death benefits to eligible New York State public school teachers and administrators.

Our Mission: To provide our members with a secure pension.
Our Vision: To be the model for pension fund excellence and exceptional customer service.

Our Members

We serve more than 261,000 active members and nearly 173,000 retirees and beneficiaries.

Membership in NYSTRS is mandatory for all full-time teachers, teaching assistants, guidance counselors and administrators employed in New York State public schools (excluding New York City), Boards of Cooperative Educational Services (BOCES), and eligible charter schools that opted to participate as an employer in NYSTRS.

Membership for teachers employed less than full time is optional. Employers are required to notify part-time teachers in writing of their right to membership in the System.

Teachers employed by a New York State community college or SUNY (excluding graduate assistants or teaching assistants) may elect membership in NYSTRS or the Optional Retirement Program.


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