NYCERS appears to have stopped doing revisions of pension benefits. The need for a revision can be caused by several events. The most common is the payment of back pay paid by the former employer after a retiree's benefit has been finalized by NYCERS.
Right now there are retro payments that were paid over 20 months ago that have not been processed. What is worse is that NYCERS is refusing to communicate to the effected retirees the reason for the delays or tell them when the new benefit will finally be paid along with the significant retro payment.
NYCERS has an independent administrative budget controlled by the trustees. NYCERS has no legitimate reason not to provide timely service to members and retirees.
2 comments:
6 yrs later...Nycer drags their feet. Two years ago I sent NYCERS A court order stating my entitlement to my husbands pension. When he passed quess what?he left our daughter as benefituary.
6 yrs later...Nycer drags their feet. Two years ago I sent NYCERS A court order stating my entitlement to my husbands pension. When he passed quess what?he left our daughter as benefituary.
Post a Comment