Payments and Taxes
Access essential payment and tax information, including pension payment schedules, how to report a lost or missing check, details about 1099-R tax forms, instructions for setting up direct deposit, income verification affidavits, Cost‑of‑Living Adjustments (COLA), and guidance for locating unclaimed funds.
Payments and Taxes Information
Pension Payment Calendar
See when NYCERS pension payments will be issued and add upcoming payment dates to your personal calendar.
Report a Lost/Missing Payment
To report a lost paper check issued for any NYCERS payment, you must submit a Lost Check Affidavit so that NYCERS can reissue the payment.
Taxes
Learn what types of income classify as “taxable distributions” from NYCERS and how and when to expect a 1099-R form.
Direct Deposit
Direct Deposit allows you to receive your NYCERS payment via Electronic Fund Transfer (EFT) directly to your bank account. To provide your banking information, follow the instructions for the type of payment you expect to receive from NYCERS.
Income Verification
Find the affidavits and instructions required to verify your income for NYCERS. Learn which forms you must submit, what documentation is needed, and how annual or bi-annual verification helps ensure continued eligibility for pension benefits.
Cost-of-Living Adjustment
Every September, eligible retirees and beneficiaries receive a Cost-of-Living Adjustment (COLA) to their retirement allowance that is based on the Consumer Price Index (CPI). Learn more about COLA here.
Unclaimed Funds
Do you know a NYCERS member who passed away more than one year ago? Search our unclaimed funds and find out if we owe you money.