Can NYCERS be transferred to another state?

If you accept another position with the City or State of New York (or any of its political subdivisions) that entitles you to membership in another City or State retirement system, you may use this form to transfer your NYCERS membership to that system.

How long does a refund from NYCERS take?

Once the Election of Payment Notice is returned or 30 days from the date on the notice has passed, a check is issued within 15 business days. What is an Election of Payment Notice? An Election of Payment Notice contains the amount you contributed to NYCERS while a member, plus interest accumulated during that time.

What is the average pension in the NYCERS?

The average pension received was $57,516, compared to $53,539 for last year's retirees; Those who had been employed by the Department of Corrections (DOC) had the highest average pension (among the ten largest agencies), with 400 individuals being paid an average of $82,947.

What is the form 231 for the NYCERS?

Form #231. For NYCERS members who are eligible for membership in the Board of Education Retirement System and elect to remain a member of NYCERS as a Transferred Contributor.

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Application For Transfer Of Members Accumulated Salary

Get Application For Transfer Of Members Accumulated Salary

Ent System Within New York State Member Number Last 4 Digits of SSN NOTE: If the address you provide on this form is different from your address in our system, the new address will become your official address in our records. I, the undersigned, do hereby make application to have the accumulated salary deductions, and accrued interest on the same, standing to my credit in the New York City Employees' Retirement System (NYCERS) transferred to my membership in the Retirement System. In considera.

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