katieinny Posted December 18, 2002 Posted December 18, 2002 I'm trying to get information about the New York State Teachers' Retirement Plan. I thought there might be a website, but I'm having trouble locating it if there is one. Specifically, I'm wondering if a spouse is entitled to any benefit upon the death of a teacher. The teacher chose a single life annuity option. An earlier question on Benefitslink indicates that no spousal consent was required to take the single life option. However, I don't want to point to a message board as my authority. I would like to get it straight from the horse's mouth, so to speak. Can anyone steer me in the right direction?
Guest lisbetf Posted December 18, 2002 Posted December 18, 2002 Was the teacher already in receipt of his life annuity benefit at the time of his death? If so, the spouse is out of luck.
katieinny Posted December 18, 2002 Author Posted December 18, 2002 Yes, the teacher was already receiving benefits under the single life option when he died. I agree that the spouse is probably out of luck -- but in order to give her a credible answer, I want to show her something specific from the state.
Guest Wayne Schneider Posted January 10, 2003 Posted January 10, 2003 The web site for the New York State Teachers' Retirement System is www.nystrs.org. No benefit is payable upon the death of a retired tier 1 member who has elected a single life annuity. A very modest post retirement death is payable upon the death of most tier 2/3/4 members in retirement. No spousal consent is required when the member elects an option at retirement.
katieinny Posted January 13, 2003 Author Posted January 13, 2003 Wayne: That's exactly what I was looking for. Are you a NYS teacher, or do you consult in this area?
Guest Wayne Schneider Posted January 13, 2003 Posted January 13, 2003 I am the System's General Counsel.
katieinny Posted January 13, 2003 Author Posted January 13, 2003 Well, then...that's good enough for me!
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