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What is NYCERS 361?

nycers form 361 F361 NYCERS USE ONLY Affidavit of Benefit Claimed Under 1310 of The Surrogate s Court Procedure Act If there is no Administrator Executor or other Fiduciary irs form 1310 You can return the joint-name check with Form 1310 to your local IRS office or the Internal Revenue Service Center where you filed ...

How much is NYS death benefit?

The Survivor's Benefit Program provides a death benefit to the beneficiaries of eligible retired New York State employees. For most retirees, the amount is $3,000.

How long does a NYCERS pension last?

The Maximum Retirement Allowance is payable to you only for your lifetime with no benefits continuing after your death. See the enclosed \u201cOption Letter\u201d brochure to see an example of what you should expect. Option The option you select is important to both you and your beneficiary, should you choose to nominate one.

Who is in charge of NYCERS?

The New York City Employees' Retirement System Board of Trustees has selected Melanie Whinnery to be its next Executive Director.

Does NYCERS have a death benefit?

When he or she dies, the surviving designated beneficiary will be paid $12,867 per year (75% of $17,156). If the designated beneficiary predeceases the retiree, all payments would then end upon the death of the retiree. The retiree receives a reduced monthly lifetime benefit.

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