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Loans: Applying and Repaying. Texting for Customers

Loans: Applying and Repaying. Texting for Customers

To safeguard the wellness of our people and workers, pension System assessment workplaces are closed until further notice. To schedule a phone consultation, as well as all the other inquiries, call us when you look at the Albany, NY area. Nevertheless, we highly encourage one to make use of Retirement on the web to do company with NYSLRS at the moment.

COVID-19 Suggestions: To realize your NYSLRS advantages in the event that you become seriously ill, visit our COVID-19 Help Center if you are impacted by COVID-19, and the steps to take.

Pension on the net may be the quickest and easiest method to try to get that loan or handle your loan re re re payments with NYSLRS. Register or Sign In, then look under “My Account Overview” to begin to see the available self-service loans features.

You might additionally print and mail in that loan application: Tiers 3, 4, 5 and 6 application for the loan (RS5025-A) and Tiers 1 and 2 Loan Application (RS5025). Take note that the paper application must certanly be notarized.

See the loan needs below very very carefully before you apply. You might want to consult a taxation accountant or advisor before using for a financial loan from NYSLRS.

Before You Borrow

Loan Demands

You might borrow on your retirement contributions in the event that you:

  • Are really a known user regarding the workers’ pension System (ERS) or perhaps law enforcement and Fire pension System (PFRS);
  • Have actually a minumum of one of service credit; and year
  • Earnestly work for New York State or even a participating company. (if you should be on leave without pay, you’re not earnestly employed.)

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