NYCERS Vested Members, Your Vested Annual Disclosure Statement Is Ready!

Your 2024 Vested Annual Disclosure Statement (ADS) is now available in your secure MyNYCERS account! Please log in, click “View My Documents” and then “Taxes & Statements” to view, print or download your Vested ADS. If you have not registered for a MyNYCERS account, please register to access your Vested ADS, which is only available online in your MyNYCERS account.

Be sure to review the beneficiary information and, if you need to make changes, look for the “Manage My Beneficiaries” link in your MyNYCERS account.

Cost-of-Living Adjustment (COLA) – June 2025

Every September, eligible retirees and beneficiaries receive a Cost-of-Living Adjustment (COLA) to their retirement allowance that is based on the Consumer Price Index (CPI).

What is the 2025 COLA rate?

The 2025 Cost-of-Living Adjustment (COLA) for eligible retirees and beneficiaries is 1.2%.

If you are eligible to receive COLA, it will be reflected in your September 30, 2025 pension payment.

NYCERS Members, Your Annual Disclosure Statement Is Ready!

Your 2024 Annual Disclosure Statement (ADS) is now available in your secure MyNYCERS account! Please log in and look for the “View My Documents – Taxes & Statements” link to view, print or download your ADS. If you have not registered for a MyNYCERS account, please register to access your ADS, which is only available online in your MyNYCERS account.

To learn more, visit nycers.org/ads, or watch this short video – Annual Disclosure Statement (ADS).

New Law May 2025

Chapter 55 of the Laws of 2025 (Part VV) extends the retiree earnings limitation waiver for school employees under RSSL §§ 211 & 212 by two years to June 30, 2027.

Part VV is effective May 9, 2025.

1099-R Tax Forms for 2024

Each January, 1099-R tax forms are sent to members, retirees and beneficiaries who received a taxable distribution from NYCERS in the prior year.

Taxable distributions may include:

  1. Loans
  2. Monthly pension payments
  3. Refunds
  4. Variable Supplements Fund (VSF) payments
  5. Lump-sum death benefits

If you are eligible to receive a 1099-R for tax year 2024, it was mailed to you.

You can also view, print or download your 1099-R online: log in to your MyNYCERS account, select View My: Documents from the navigation menu, select Taxes & Statements, then click the Generate 1099-R button.

To learn more, visit nycers.org/1099, or watch this two-minute video –Understanding Tax Form 1099-R.

Fire Protection Inspector (FPI) 25-Year Plans and Plan Brochures now available

NYCERS has published the Fire Protection Inspector (FPI) 25-Year Plan Brochures #950 and #951 for eligible Tier 4 and Tier 6 FPI Members. An FPI Member is a NYCERS member employed by the City of New York or the New York City Fire Department in a title whose duties are those of an FPI, Associate FPI, or a supervisor of those employees. Log in to your MyNYCERS account to view your eligibility letter and election form.

Cost-of-Living Adjustment (COLA) – Sept 2024

Every September, eligible retirees and beneficiaries receive a Cost-of-Living Adjustment (COLA) to their retirement allowance that is based on the Consumer Price Index (CPI).

What is the 2025 COLA rate?

The 2025 Cost-of-Living Adjustment (COLA) for eligible retirees and beneficiaries is 1.2%.

If you are eligible to receive COLA, it will be reflected in your September 30, 2025 pension payment.

Cost-of-Living Adjustment (COLA) – June 2024

Every September, eligible retirees and beneficiaries receive a Cost-of-Living Adjustment (COLA) to their retirement allowance that is based on the Consumer Price Index (CPI).

What is the 2025 COLA rate?

The 2025 Cost-of-Living Adjustment (COLA) for eligible retirees and beneficiaries is 1.2%.

If you are eligible to receive COLA, it will be reflected in your September 30, 2025 pension payment.