National Retirement Planning Week

Have you begun planning for your retirement?

This year, National Retirement Planning Week was celebrated from April 11 –15. One-third of American workers have no retirement savings plan besides Social Security. Fortunately, NYCHA and other City employees can become members of the New York City Employees’ Retirement System (NYCERS), the largest municipal public employee retirement system in the United States.

NYCERS’ defined benefits plan guarantees members a set amount based on their age, years of service, salary and other factors—not on the condition of the stock market on the day you retire. In addition to a guaranteed pension, NYCERS also offers many other benefits to its members, including retirement planning, loans, disability payments, and death benefits.

For more information, including enrollment application, please visit www.nycers.org. You can also call NYCERS at 347-643-3000.

Ethics Inquiries

Information about the NYC Conflicts of Interest Law is available from the NYC Conflicts of Interest Board at 212-442-1400 and from NYCHA’s Law Department at 212-306-3355.

Approaching Retirement?

Approximately three months prior to retirement, employees should schedule an appointment with NYCHA’s retirement coordinator at 212-306-8000. Prior to the appointment, you must visit the New York City Employees’ Retirement System (NYCERS) to obtain a printout of your pension estimate.

NYCERS is located at 340 Jay Street in Brooklyn and is open weekdays from 8:00 a.m. – 5:00 p.m. No appointment is necessary.

For additional information, you may visit NYCERS’ website at www.nycers.org or call 347-643-3000.

Free Financial Counseling

All At the City’s Financial Empowerment Center, you can meet one-on-one with a professional financial counselor who can help you:

• Tackle debt

• Improve your credit

• Create a budget

• Open a bank account

• Save and plan for your future

• And much more.

Call 311 to schedule a free one-on-one financial counseling appointment.