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NYSTRS is the second-largest public retirement system in the state and one of the 10-largest systems in the nation. We serve nearly 275,000 active members and 137,000 retirees and beneficiaries. Eligible retirees are guaranteed a monthly benefit payment for life. The Retirement System was established in 1921 by the New York State Legislature, and our benefits are paid in accordance with the laws enacted by the Legislature.
NYSTRS administers a defined benefit plan that provides retirement, disability and death benefits to eligible New York State public school teachers and administrators. Eligibility for these benefits depends on factors such as a member's tier of membership, age, earnings and service credit.