NYSTRS expected to begin mailing of the annual edition of your personalized Benefit Profile in early January. It will take 4-6 weeks to complete the mailing of the approximately 270,000 Benefit Profiles.

This year’s statement will report your pension-related information through June 30, 2007. The Profile will be mailed to NYSTRS members who had a date of membership before June 30, 2007 and were still in active status in the first quarter of the current school year.

The Profile is an essential retirement-planning tool. Review it closely to verify your salary and service credit information – the basis for your NYSTRS benefits – have been correctly reported by your employers. If you notice an error, ask your employer to correct the records and to submit the revision to NYSTRS. Correcting any misinformation now will help expedite the processing of your benefits in the future.
The information you will find in your comprehensive Profile includes:

• Your earnings and service credit for the school year ended June 30, 2007;
• A complete service credit history;
• Projections of service retirement benefits under various scenarios;
• Descriptions of benefit payment options;
• Disability and death benefit projections;
• Your beneficiary information;
• A summary of your contributions and loan information, if applicable; and,
• Other important facts related to your NYSTRS membership.

If you do not receive your Profile by the end of February, contact the Retirement System at (800) 348-7298, Ext. 6250.