Pension Payment Calendar Check Mailed Direct Deposit Menu Log In / Register About About NYCERS Trusted Partner of NYC Employees for 100 Years The New York City Employees’ Retirement System (NYCERS) was founded by the New York State Legislature in 1920 with 13,331 members. Today, NYCERS has grown into the largest municipal public employee retirement system in the United States with more than 350,000 active members and retirees including civilian employees such as clerical workers, accountants and social workers, and uniformed employees such as New York City Correction Officers and Sanitation Workers. Defined Benefit Plan NYCERS is a defined benefit retirement plan. Defined benefit retirement plans for public sector employees offer benefits which are defined in law. Generally, retirement allowances payable from such plans are based on a member’s years of service, age and compensation base. Other types of benefits such as loans, disability and death benefits are also offered and specified in law. All benefits payable are funded by employee and employer contributions and from earnings on the invested assets of the system. Multiple-Employer System NYCERS is a cost-sharing, multiple employer public employee retirement system. In addition to the City of New York (various agencies, boards and commissions), members are employed by public benefit corporations such as the NYC Transit Authority and the NYC Health and Hospitals Corporation. Customer Services NYCERS performs many functions for active members and retirees alike. Among other things, each year NYCERS issues approximately 50,000 loans and processes thousands of refunds and buy-back applications. For retirees, NYCERS verifies retirement allowances, calculates Cost-of-Living-Adjustments, and much more. Client-Centered Approach NYCERS is dedicated to a client-centered approach to quality service delivery. Whether it’s upgrading Information Technology infrastructure, facilitating access to information, developing customer service upgrades or instituting advanced security measures, NYCERS is committed to sustaining quality service delivery for all our members, retirees and beneficiaries. NYCERS’ Mission Statement The prime function of the New York City Employees’ Retirement System is to administer the statutory pension benefits of its members, retirees, and beneficiaries. Our talented, professional, and dedicated employees are committed to providing a superior service by: Making correct benefit payments in a timely manner. Leveraging modern technology to set new standards of excellence in the services we provide. Maximizing investment returns on the funds of the system with an appropriate level of risk. Board Meeting Calendar Next Board Meeting: Thursday December 09, 2021 at 9:30 am. This meeting will be held via video conference. Webcast. Please note that NYCERS provides a live webcast of the public sessions of a Board of Trustees meeting, available for viewing here. Read more NYCERS’ 100th Anniversary NYCERS turned 100 on October 1, 2020! Watch our video about the history of the agency, including interviews with several NYCERS members and staff, and check out the historical timeline and a profile of our longest-standing NYCERS member. Read more Board Meeting Webcasts Next live webcast: December 09, 2021 at 9:30 am Live Stream Read more Board of Trustees The Board of Trustees is the governing body of NYCERS. Its responsibilities include investing the assets of the retirement system, establishing the administrative budget of the system and promulgating rules and regulations necessary to carry out provisions of law. The NYCERS Board of Trustees, as prescribed by law, consists of eleven members: the Mayor’s Representative, the City Comptroller, the Public Advocate, the heads of the three unions with the largest number of participating employees, and the five Borough Presidents. Read more Legislation Because legislative changes affect NYCERS members, we actively monitor state and city activities and keep you posted as to how they may, or may not, affect you. This section is intended to give you the most up-to-date laws and regulations pertaining to your retirement benefit. To find out if your plan has been affected by changes, be sure to visit this section often. Read more Public and Non-Public Areas of NYCERS Pursuant to Section 4-210 of the New York City Administrative Code, as added by Local Law 246 of 2017 (the “Access to City Property Law,” or “Law”), certain areas of NYCERS’ offices are deemed public and non-public. Public and Non-Public Areas of NYCERS Read more NYCERS Employment Opportunities NYCERS is the largest retirement system in New York City. There is a lot to be done and we are always looking for talented and enthusiastic people to assist in providing world-class service to our customers. We offer competitive salaries, benefit packages, and advancement opportunities. Read more Board of Trustees Career Opportunities Customer Service Center Contact the Call Center for information. Fully completed forms may be placed in a secure Drop Box at NYCERS’ Jay Street entrance Mon-Fri, 8am-5pm. Call Center Hours Monday-Friday, 8 am – 5 pm (347) 643-3000 Within NYC (877) 669-2377 Toll-Free (347) 643-3501 TTY Forms and Correspondence: Mailing Address & Instructions Executive Offices M–F 9 am – 5 pm 335 Adams Street, Suite 2300 Brooklyn, NY 11201-3724 Email NYCERS’ Executive Director Submit a Media Inquiry Only for use by members of the press. 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