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The NYSTRS Salary

The NYSTRS Salary

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As of September 2026, the average annual salary for employees at The NYSTRS in the United States is $105,153. This translates to an approximate hourly wage of $51. Salaries at The NYSTRS typically range from $92,433 to $119,049 annually, 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 $115,606
+9.9%
Reflects a supply-demand imbalance for the specific talent Bac Local# 5 New York Pension Plan targets.
Banner Health and Aetna Health Insurance Holding Company LLC $109,045
+3.7%
Supported by Banner Health and Aetna Health Insurance Holding Company LLC's high-margin contracts allowing higher overhead.
Healthcare Solutions Team $111,102
+5.7%
Adjusted for higher cost-of-living indices in Healthcare Solutions Team's primary metro hubs.
Health Insurance Company of New Jersey $115,669
+10.0%
Reflects structural premiums typical of Health Insurance Company of New Jersey's large-cap national operations.
Insurance Industry $123,858
+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.

How The NYSTRS's Salaries Compare to Similar Companies?

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)
Work at The NYSTRS?
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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 typical salary range (low to high) for most roles at The NYSTRS?

The typical annual salary range for most roles at The NYSTRS is approximately from $92,433 to $119,049. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, 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. Do salaries differ significantly between departments at The NYSTRS?

Yes, salaries often differ between departments at The NYSTRS due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at The NYSTRS?

Experience level is a significant factor in determining salary at The NYSTRS, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from The NYSTRS in Albany is fair given the local cost of living?

To determine if a salary offer from The NYSTRS in Albany is fair, first compare the gross salary to our data for similar roles at The NYSTRS and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Albany" to understand its purchasing power.

6. What factors influence salary increases at The NYSTRS?

Salary increases at The NYSTRS are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.

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