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The NYSTRS Salary

The NYSTRS Salary

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As of October 2026, the average hourly salary for employees at The NYSTRS in the United States is $51. This translates to an approximate annual wage of $105,153. Salaries at The NYSTRS typically range from $44 to $57 hourly, reflecting the diverse roles and experience levels within the company.
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Is The NYSTRS’s Pay Competitive? Salary Benchmarking Analysis

How does The NYSTRS's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Bac Local# 5 New York Pension Plan $56
+9.9%
Data suggests Bac Local# 5 New York Pension Plan's workforce skews heavily towards veteran, high-tenure roles.
Banner Health and Aetna Health Insurance Holding Company LLC $52
+3.7%
Driven by niche technical certifications required for Banner Health and Aetna Health Insurance Holding Company LLC's specialized projects.
Healthcare Solutions Team $53
+5.7%
Reflects structural premiums typical of Healthcare Solutions Team's large-cap national operations.
Health Insurance Company of New Jersey $56
+10.0%
Adjusted for higher cost-of-living indices in Health Insurance Company of New Jersey's primary metro hubs.
Insurance Industry $60
+17.8%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Companies Similar to The NYSTRS and Their Hourly Pay Rates

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at The NYSTRS. Click a company name to learn more.

Employee Reviews: Working at The NYSTRS

Considering a career at The NYSTRS? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
While the benefits are standard, they meet industry expectations. The benefits package is above average, including health and retirement plans. The office is well-maintained, and remote work options are a plus. It’s a great place for insurance professionals looking for stability and growth. I’ve had a rewarding experience here with ample learning opportunities.
Commented in May 04, 2025
43
1
I appreciate the focus on employee well-being and the clear communication from leadership. While there aren’t many flashy perks, the job security and steady environment are positives. The workload is fair, and overtime is rarely expected.
Commented in March 06, 2025
46
0
I’d recommend this workplace to anyone in the insurance sector. It’s a decent place to work if you prefer stability and routine in the insurance field. Managers are approachable, and teamwork is highly encouraged. The insurance sector can be routine, but the workload is manageable. Managers are supportive and provide the resources needed to succeed. Colleagues are professional, and the atmosphere ...
Commented in June 16, 2024
33
2
Benefits like health coverage and retirement plans are strong. The team is competent, and collaboration happens smoothly when needed. It’s a stable workplace with standard industry benefits, suitable for those who prefer a structured environment. The compensation is fair, with performance-based bonuses that motivate us to excel. The team culture is collaborative, and the benefits package is robust...
Commented in January 21, 2024
21
0

The NYSTRS Overview

Website
www.nystrs.org
Founded In
1921
Employees
200 - 500 employees
Industry
Insurance
Headquarter Address
10 Corporate Woods Dr Albany New York NY 12211
Revenue
$10 Million - $50 Million
Phone Number
+1 5184472900
Social Media
About The NYSTRS
NYSTRS is the second-largest public retirement system in the state and one of the 10-largest systems in the nation. We serve more than 280,000 active members and nearly 147,000 retirees and beneficiaries. Eligible retirees are guaranteed a monthly benefit payment for life. NYSTRS administers a defined benefit plan that provides retirement, disability and death benefits to eligible New York State p

What Benefits Does The NYSTRS Offer Beyond Salary?

A competitive compensation package is more than just a salary. The NYSTRS offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Albany?

Understanding the cost of living near Albany is key to truly evaluating a salary offer or your current compensation at The NYSTRS.
Albany's Cost of Living Index is approximately 97.3 (2.7% less expensive than US average; 22.2% less than NY average). State capital, housing near US average. CDTA bus. When planning your budget based on a salary from The NYSTRS, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,200 - $1,700+ A significant portion of The NYSTRS salary. Location choices impact this heavily.
Utilities (Basic) $160 - $270 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $65 (CDTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $410 - $600 Can be higher with more dining out or specialty stores.
Personal & Leisure $360 - $680+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,585 - $3,975+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of The NYSTRS

1. What is the average salary for employees at The NYSTRS?

The average total compensation for employees at The NYSTRS is approximately $51 per hour. However, this is an aggregate figure, actual salaries can range significantly, typically from $44 to $57 per hour, depending on factors like job role, experience, and location.

2. How much does The NYSTRS pay compared to Bac Local# 5 New York Pension Plan?

The average annual salary at The NYSTRS is $105,153, or an hourly wage of $51, in comparison to Bac Local# 5 New York Pension Plan which pays $115,606 per year or $56 per hour.

3. What is the lowest salary at The NYSTRS?

The lowest-paying job at The NYSTRS is an Application Development Specialist with a salary of $62 per hour. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at The NYSTRS?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at The NYSTRS for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does The NYSTRS offer cost-of-living adjustments (COLA) for employees in high-cost areas like Albany?

While some companies offer formal COLA, many, including potentially The NYSTRS, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at The NYSTRS?

Most companies, likely including The NYSTRS, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.

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