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What is the difference between the date of resignation I provide my employer and my date of retirement with NYSTRS?

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What is the difference between the date of resignation I provide my employer and my date of retirement with NYSTRS?

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For NYSTRS’ purposes, the effective date of retirement that you enter on your retirement application must be at least one day beyond the last date you earned salary under contract. For example, if you last earn salary under contract on June 30, the earliest effective date of retirement you could select is July 1.

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