Author: linda.quinn

Sad News

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Joel Weidenbaum, retired District Chairperson of Science, passed away on Monday, June 13 – thirteen days short of his 87th birthday. Notes of condolence may be sent to Joel’s wife Harriet at 11 Beech Place, Huntington, NY 11743.

Additional information will be posted when it is received. Members who have memories of Joel to share, please send them to [email protected].

Eligible Retirees to Receive COLA Increase

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Eligible retirees will receive an extra $45 monthly beginning with the September 30 pension payment under New York’s legislated cost-of-living adjustment (COLA).

The 3% COLA for 2022-23 is applied to the first $18,000 of the maximum retirement benefit.

To be eligible for a COLA, you must be one of the following:

  • At least 62 and retired at least five years.
  • At least 55 and retired at least 10 years.
  • A retiree receiving a NYSTRS disability benefit for at least five years regardless of age.
  • The surviving spouse of an eligible retiree receiving a lifetime benefit. (By law, the spouse receives an increase equal to one-half the COLA the retiree would have received.

Visit the NYSTRS Website for more information on how the COLA benefit is calculated.