
New York State Teachers' Retirement System
The New York State Teachers' Retirement System (NYSTRS) is a pension plan that provides retirement benefits to eligible teachers in New York State. It is a defined benefit plan, meaning members earn benefits based on their salary and years of service. Contributions are made during their working years, and upon retirement, members receive monthly payments to support their financial security. The system manages investments to ensure it can meet its long-term obligations and offers resources for retirement planning. Overall, NYSTRS helps teachers secure their financial future after years of service.