The June 2015 issue of NYSTRS' Resource newsletter is now available on the NYSUT website. Download the newsletter (PDF).

In This Issue:

Coming in September: A COLA Increase
Eligible retirees receiving a monthly benefit of any amount from NYSTRS will see a cost-of-living adjustment (COLA) of 1.0% on the first $18,000 of their annual benefit payment beginning this September, the result of legislation enacted in New York 15 years ago.

NYSTRS Remains a Top-10 Fund
NYSTRS is once again ranked among the top-10 pension funds in the nation according to trade publication Pensions & Investments (P&I).

Promise

RC 23 President Dennis Flamenbaum has provided a link to the Spring 2015 edition of Retiree Organizer, the NYSUT newletter for retiree leaders.

http://www.irs.govAny legitimate inquiry from the Internal Revenue Service (IRS) will only come by mail.  The IRS does not make phone contacts nor use email or text messages.

Last month the IRS reported that phone scammers have targeted more than 366,000 people in 2015.  The scammers are often aggressive and make threats about penalties.  They may even have your Social Security number.  What they want is a credit and/or debit card number.  If you receive such a call, hang up.  If you know you do not owe any taxes and have no reason to think otherwise, call the Treasury Department’s tax

NYSUT is partnering with the Working Families Party and other allied organizations to build a Progressive Candidate Pipeline Project. As part of this project, Zephyr Teachout will be a speaker at two events on Long Island entitled, “Why She Runs”. Teachout will be speaking along with other local officials about the need to have people, who have our interest in mind, to step up and run for office.