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Begin by reviewing the eligibility criteria for medical and life insurance benefits. Ensure you meet the age and service requirements outlined in the document.
Fill out your personal information in the designated fields, including your name, retirement date, and any dependent information if applicable.
Select your preferred medical plan from the options provided. Make sure to check if you or your dependents are eligible for Medicare, as this will influence your choices.
If waiving coverage, indicate this clearly on the form. Remember that failing to make an election within 31 days of retirement may limit your options later.
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your age plus years of continuous, full-time service equals 70 or more, and youre at least age 55 with at least ten years of continuous full-time service; or if you have 10 or more years of continuous, full-time service and you are found eligible for Long-Term Disability.
How long do you have to work for NYC to get a pension?
You will be eligible for a service retirement benefit when you docHub age 55 and have five or more years of credited member service. If you are a Tier 3 member, you may retire under Article 14 or Article 15. However, your benefit, in most cases, will be greater under Article 15.
Do NYU employees get a pension?
The NYU Staff Pension Plan is what is known as a defined benefit plan. You can generally begin participating in the NYU Staff Pension Plan on the September 1 of the year after you docHub age 21 and have completed one year of service with NYU.
Does NYU Langone have a pension?
Once you retire, you can receive income from the Supplemental Tax Deferred Annuity (STDA) Plan and Staff Pension Plan (SPP) at any time. For the STDA plan, you can elect immediate payment in a single sum, make partial withdrawals, or choose an annuity.
How much does NYU contribute to retirement?
After a year of service, NYU provides a non-elective contribution of 5% of your base salary and, if you make employee contributions, NYU will make a matching contribution of up to 5% of your base salary up to the IRS annual compensation limit.
Related Searches
Nyu retirement benefits for retireesNyu retirement benefits calculatorNYU Pension Service CenterNYU Retirement ageNYU Langone 403b matchNYU Retiree Medical PlanNYU Faculty Retirement BenefitsNYU 2025 Benefits Guide
How much will NYU contribute to the Plan? After a year of service, NYU will make a non-elective contribution of 5% of your base salary on a per pay period basis up to the IRS annual compensation limit.
Related links
New York State Common Retirement Fund
The New York State Common Retirement Fund is one of the largest public pension plans in the United States, providing retirement security for over one million
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