Preparing for Retirement: Part Seven — Choosing Your Retirement Option

After many months of retirement planning, finally filing your retirement application is a major milestone. But your retirement process isn’t finished yet – you still need to choose your NYSLRS retirement option. When choosing your retirement option, it’s important to think about what your needs will be in retirement so you can pick how you’d like your monthly pension benefit paid to you.

Retirement Planning — Choosing Your NYSLRS Retirement Option

The Preparing for Retirement 7-part video series discusses the main aspects of retirement planning to help NYSLRS members nearing retirement make good, informed decisions for the future. In Part Seven – Choosing Your Retirement Option, you’ll go over what an option election is and how you can learn more about them before making your decision.

Important Links for Retirement Planning

Where to Find More Retirement Planning Information

If you are close to retirement and have more questions, consider scheduling an appointment to meet with an information representative at one of NYSLRS’ consultation sites in New York State. Even though the Preparing for Retirement video series is complete, you can always review previous retirement planning videos like:

When You’re Retired

Our website has many resources to help you prepare for retirement, but don’t forget to check back with us after you retire. Our Retiree home page can keep you informed about pension payments, tax information and other relevant retiree news. Make sure to check it out.

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