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EDITS RS 6221 110 State Street, Albany, New York 12244-0001 Phone: 1-866-805-0990 or 518-474-7736 Fax: 518-402-4433 E-mail: nyslrsinfo osc.state.ny.us Web: www.osc.state.ny.us/retire EMPLOYER NAME AND ADDRESS (Rev. 7/09) In reply refer to Reg. No: S. S. No: Unit: Re: User ID: Ret. Date: Location Code: THE INFORMATION REQUESTED BELOW IS NEEDED TO ACCURATELY CALCULATE THE RETIREMENT BENEFIT OF THE ABOVE NAMED MEMBER. NO RETIREMENT BENEFITS WILL BE PAID TO THE EMPLOYEE LISTED ABOVE UNTI.

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There are 4 main ways you can access your pension savings: withdrawing your full pension pot. withdrawing from your pot in smaller lump sums. flexible drawdown. an annuity.

Applications for Retirement. Application for Service Retirement (RS-6037) ... Beneficiaries. Eligibility of Retired Employee for Survivor's Benefit (RS-6355) ... Change of Address. Change of Address Form for Active Members (RS-5512) ... Health Benefits. Health Insurance Transaction Form (PS-404) ... M/C Life Insurance. ... Sign Up / Decline.

If you qualify for a retirement benefit and you do not withdraw your membership, you may apply for a retirement benefit when you reach age 55. Once you have ten or more years of credited service, you cannot withdraw from the Retirement System.

Ending Your Membership You can receive the refund directly or roll your contributions over to an Individual Retirement Account (IRA) or other qualified retirement plan. If you do not withdraw your contributions, they will continue to earn 5 percent interest for seven years.

As a Tier 6 member, you will be vested once you have five years of credited service. This means you are entitled to a retirement benefit even if you leave public employment before you are old enough to retire.

Your loan will be taxable if: You do not make the required payments on your loan at least once every three months or do not complete payment within five years from the date the loan was issued. You retire or withdraw from NYSLRS and have one or more outstanding loan balances.

However, early retirement carries a penalty of a permanent reduction in your retirement benefit at a rate of 6.5% for each year that you have retired prior to age 63.

You may choose to: Terminate your membership and withdraw your accumulated contributions plus interest; or. Leave your contributions in your account and qualify for a retirement benefit when you are age 55.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232