New York State Teachers' Retirement System (NYSTRS)

The New York State Teachers' Retirement System (NYSTRS) is a public pension plan for teachers and certain educational staff in New York. It provides retirement benefits to members based on their years of service and salary. Funded by contributions from both employees and the state, NYSTRS also manages investments to grow these funds. Members can receive retirement income after meeting specific age and service requirements, ensuring financial security in retirement. The system aims to support educators by guaranteeing them a stable income after they stop working.