Your Member Annual Statement

Your Member Annual Statement includes valuable information about your NYSLRS membership and benefits that can help you plan for retirement. You can view your 2020 Statement right now by signing into Retirement Online. If you don’t already have an account, you can register today.

From your Retirement Online Account Homepage, go to the ‘My Account Summary’ area of the page, click the “View My Member Annual Statement” button and follow the steps. You will also be able to print or save your Statement.

member reading 2020 Member Annual Statement

Delivery of Your Member Annual Statement

NYSLRS members who chose email delivery of their Statement in Retirement Online received an email informing them that their Statement is available online. All other members will receive their 2020 Member Statement in the mail by the end of June.

New Look for 2020

This year’s Member Annual Statement has a new, streamlined look that presents your benefit and membership information in a clear, comprehensive and easy-to-read format. Some information, such as detailed pension estimates and five years of employment history, was removed from your Statement because you now have access to it in Retirement Online. Your Statement provides you with information as of March 31, but Retirement Online provides you with the most up-to-date information available.

Pension Estimates: Most members can create customized pension estimates and calculate their benefit options using Retirement Online. From your Account Homepage, scroll down to ‘My Account Summary’ and click the “Estimate my Pension Benefit” button. You can base your estimate on the salary and service information we have on file or adjust your earnings or service credit to account for possible increases in earnings or purchases of service credit. By entering different retirement dates and beneficiaries, you will see how your choices affect your potential benefit. If you are not able to use the Retirement Online calculator, contact us for an estimate.

Employment History: You can also view your employment history and reported earnings in Retirement Online. From your Account Homepage, scroll down to ‘My Account Summary’ and click the “View my Employment Summary” button. If you find that part of your employment history is missing, you can request credit for the missing service. Return to ‘My Account Summary’ and click the “Manage My Service Credit Purchases” button.

Address Change: To view or update your account information, sign in to Retirement Online. On your Account Homepage, ‘Under My Profile Information,’ you will be able to update your address and other contact information, instead of mailing in a paper form.

Update Your Delivery Preference for Next Year

Want to be notified by email next year when your Statement is ready? Sign in to Retirement Online to change your Statement delivery preference. Go to the ’My Profile Information‘ section on your Retirement Online Account Homepage, click “update” next to ‘Member Annual Statement By,’ then choose “email” from the dropdown menu.

Have Questions About Your Statement?

Remember, your 2020 Statement provides your account information as of March 31, 2020. To view your current membership information any time throughout the year, sign in to your Retirement Online account.

If you have questions about your Member Annual Statement, please visit our Member Annual Statement page.

35 thoughts on “Your Member Annual Statement

  1. James Close

    I expected more of you since you have said you have labored long and hard to improve your website and in particular, “Retirement Online”. However, it remains a very clunky online presence that shows no obvious signs of improvement. Exhibit #1: You have just sent out an email announcing the availability of “annual member statements”, but when I log into Retirement Online, there is nothing there – nada, nothing, zilch. No link to “annual member statements” under “account summary”, as you said, here.

    Do you folks ever connect the dots? Or shall I go on with Exhibit #2, Exhibit #3, ad nauseum?

    Reply
    1. NYSLRS

      If you are a NYSLRS member, you should find several green buttons under “I want to…” in the My Account Summary section, including one titled “View My Member Annual Statement.” If you are a retiree, you will not see this button because retirees do not receive Member Annual Statements. Retiree Annual Statements were mailed in February.

      There are other possible reasons why you may not receive a statement. Visit our Member Annual Statement page (see link below), select “General Statement Questions” and read the last FAQ; “Why didn’t I receive my Member Statement?”

      Reply
  2. James Close

    Perhaps it would be useful (to say the least) to include that info when you send out an email blast to NYSLRS members and retirees alike, stating that “member annual statements are now available”, to wit: “Note the following: Retirees do not receive Member Annual Statements. Retiree Annual Statements were mailed in February”.

    Now, that’s THINKING.

    Reply
  3. Marjorie Reinhart

    I logged in and I am not able to see a benefit statement. Can someone reach out and help me please?

    Reply
    1. NYSLRS Post author

      If you are a NYSLRS member, you should find several green buttons under “I want to…” in the My Account Summary section, including one titled “View My Member Annual Statement.” If you are a retiree, you will not see this button because retirees do not receive Member Annual Statements. Retiree Annual Statements were mailed in February.

      There are other possible reasons why you may not receive a statement. Visit our Member Annual Statement page, select “General Statement Questions” and read the last FAQ; “Why didn’t I receive my Member Statement?”If you still have questions, please contact our customer service representatives at 1-866-805-0990 (or 518-474-7736 in the Albany, NY area).

      Reply
  4. James Close

    If you’re a retiree, you don’t get a Member Annual Statement – which also confounded me until I was told by these folks that retirees get their own separate statements at a different time. I suggested that when they send out these announcements they could relieve a lot of potential confusion by simply mentioning that fact in the announcement. Are you listening, NYSLRS?

    Reply
  5. Debra Tabaczynski

    I am trying to see my annual statement but when I try logging in the site tell me that the website and online services are not working. Why? I should be able to do this until 11 PM

    Reply
    1. NYSLRS Post author

      We apologize for the trouble you had signing into Retirement Online. Retirement Online is available now.

      Reply
  6. rina

    Question, so I just viewed online statement, and it does NOT have all the information that a printed one we used to get in the mail.

    -it does not have all the previous years listed,
    -it does not show the projected monthly retirement benefit showing it at different age and retirement years

    this to me is not improved and show less information,

    please advise how I can see the projected benefit as in the past depending on years of service/age etc.

    Reply
    1. NYSLRS Post author

      Most Tier 2 – 6 members can now use Retirement Online to create a NYSLRS pension estimate based on the salary and service information we have on file for you.

      Go to the My Account Summary section of your Retirement Online account homepage and click the Estimate my Pension Benefit button. With a Retirement Online estimate, you can enter different retirement dates and beneficiaries, customize your estimate by adjusting your earnings or service credit, and save or print your estimate.

      Reply
    1. NYSLRS Post author

      To protect your privacy, we are not posting your personal contact information. If you have a question about your NYSLRS account, please let us know what it is.

      Reply
  7. Russell

    Who developed the new annual statement? What a waste of time and money. Four pages of just basically nothing telling me information I already know. You need to go back to producing the annual statements you had the last 10-15 years which gives the retirement amount now, five, ten and fifteen years from now. And what about the estimates for the different options that used to be listed. Also where is the information on the persons contributions value? And your providing some sort of retirement estimate, that isn’t even right for when I am 62, doesn’t tell me anything, never mind the amount is incorrect. This entire new reporting system is already in need of a major overhaul. Your programmers need to go back the drawing board and start over because what you’ve produced is completely useless.

    Reply
    1. NYSLRS Post author

      Thank you for your critique – we appreciate the feedback.

      Some information, such as estimates of pension options and five years of employment history, was removed from your Statement because you now have access to it plus even more detailed information in Retirement Online. Your Statement provides you with information as of March 31, but Retirement Online provides you with the most current information available.

      Most NYSLRS members can now create their own pension estimate in minutes using Retirement Online. A Retirement Online estimate is based on the most up-to-date account information we have on file for you. You can enter different retirement dates to see how those choices would affect your benefit. When you’re done, you can print your pension estimate or save it for future reference.

      Reply
  8. Joy

    I agree with the comments above. This is no way near an improvement. From what I’m reading I’m 54 with 33 years of service. From how mine reads, my full benefit is not until 62. I was always under the impression full benefit for me was 55 with min. 30 years as a Tier 4. I don’t want to have to log onto a computer when I want to review my benefits and options. I would much prefer to have something physical to have in my hands. Go back to the format we previously had, so much better than this.

    Reply
    1. NYSLRS Post author

      Thank you for your comments.

      Most Tier 4 members with 30 years or more of service credit can retire at age 55 without penalty. However, if you continue to work beyond 30 years, your benefit would continue to increase.

      Most Tier 2 – 6 members can now use Retirement Online to create NYSLRS pension estimates based on the salary and service information we have on file for you. Go to the ’My Account Summary’ section of your Retirement Online Account Homepage and click the “Estimate my Pension Benefit” button. You can create multiple estimates to see the difference in your pension between retiring at 30 years or at age 62.

      If you have account-specific questions about information in your Member Annual Statement, please email our customer service representatives using the secure email form on our website.

      Reply
    1. NYSLRS Post author

      Thank you for your suggestion. Unfortunately Retirement Online is not accessible to customers outside of the United States and Canada. This is to safeguard your personal information and keep your account secure. If you need to do business with NYSLRS, you can still email us through our secure contact form or download forms you may need from our website.

      Reply
  9. Matthew Grover

    I wish to add my voice to others posting here to concur that the new statements are most certainly NOT improved. It is a great inconvenience to find that 85% of the information we are used to getting has been removed, and calling it an improvement is an absurdity. The same number of pages are now filled with scanty, inadequate info, merely in larger print ! The website is glitchy and NOT AVAILABLE in the evening hours when working people want to use it ! Please go back to the old format on the mailed statements, as whoever made the terrible decision to go with this change has done us all a great disservice.

    Reply
    1. NYSLRS Post author

      Thank you for your comment and suggestion.

      Retirement Online is now generally available until 9:30 pm on Monday, Wednesday, Thursday and Friday and until 11:00 pm on Saturday and Sunday.

      Reply
  10. Jeremy Havener

    I also really prefer the old statements. It was easy to understand and laid out everything I needed to know without a lot of button clicking and running multiple projections. If it was done to save paper and postage, I would totally understand – but since I’m still receiving several pages in the mail, I guess I just don’t get it… Not a fan of the change.

    Reply
  11. Lori H.

    I agree with many of the above comments – the statements received via snail mail is much better for myself. I am not good with technology & have difficulties locating information, even with directions. I also like to refer back to my statements in my files & my computer doesn’t always work. Although I recycle & would luv to save our trees, paperless is not the way for me.

    Reply

Leave a Reply