In 1983, NYSUT created the NYSUT Member Benefits Trust as a tax-exempt, not-for-profit trust fund for the purpose of providing members with access to competitive insurance plans and benefit programs.
In 2008, the Trustees of the NYSUT Member Benefits Trust established the NYSUT Member Benefits Corporation, a for-profit corporation. This separate, taxable subsidiary was created not only to protect the Trust's tax-exempt status, but also to present the opportunity to expand the types of programs and services offered to members.In addition to voluntary programs for individual members, Member Benefits also endorses group plans available for purchase by a local association, its benefit fund or employer.
No NYSUT dues dollars are used to support the Trust or Corporation. Member Benefits receives endorsement fees from some of the providers of its endorsed programs. For more information, please contact Member Benefits at 800-626-8101 or visit memberbenefits.nysut.org.
Endorsement fees are used solely to defray the costs of administering the benefit programs of Member Benefits, including compensation, rent, office expenses, and the cost of retaining consultants, auditors and attorneys to advise the Trustees, Directors and staff. Where appropriate, Member Benefits revenue is also used to enhance the benefits available for participants.
No monies are paid to NYSUT except reimbursement for use of facilities and for services and personnel provided by NYSUT to, and at the request of, Member Benefits (certified annually to the Trustees and Directors by Member Benefits' independent auditors).
In an effort to provide only quality alternatives for members, a comprehensive process of reviewing and evaluating proposals from vendors is undertaken before an endorsement is given. Once a program is granted the NYSUT Member Benefits endorsement, staff and consultants regularly monitor the programs for participation, member satisfaction, utilization, and product competitiveness.
One advantage of endorsement is Member Benefits' advocacy role. If you ever encounter a problem with any endorsed program, please notify Member Benefits immediately. Our involvement in this type of situation assures that your needs are addressed in a timely manner.
NYSUT Member Benefits does not represent that our endorsed benefit programs are the lowest-cost products. Member Benefits Trustees, Directors, staff, consultants, and advisers are committed to obtaining and maintaining quality benefit programs at competitive prices. We encourage you to shop and compare before purchasing any benefit program.
Most of our endorsed plans come with a “free look” trial period. This gives you ample time to review your new plan. If not completely satisfied, return your certificate of coverage within the allotted timeframe and any money you've paid or had deducted will be refunded in full.
Although some endorsed programs may provide legal or financial advice, Member Benefits itself does not offer investment, legal or tax advice. Participants are urged to consult their own investment, financial, tax, and legal advisers to help them with an evaluation of the benefit programs.
NYSUT Member Benefits endorses these programs:
Insurance: Term Life: Level Term Life; WrapPlan® II Universal Life Insurance; Personal Property/Liability (auto, home, renters, boat, umbrella, etc.); Disability; Catastrophe Major Medical; Long-Term Care; Vision Plan; Dental Plan; and VPI Pet Insurance.
Financial and Legal: Financial Counseling Program; GE Capital Retail Bank Deposit Program; Equifax Credit Watch™ Gold; ClearPoint Credit Counseling Solutions; and Legal Service Plan.
Discounts: 1800Flowers.com; Wyndham Hotels & Endless Vacation Rentals; EPIC Hearing Service Plan; Powell's Books; OfficeMax Customer Perks; Bose® Working Advantage; Philips Lifeline Medical Alert Service; Car and Truck Rentals; Defensive Driving Program; Buyer's Edge, Inc.; and Heat USA/Propane USA.
NYSUT Member Benefits offers these educational workshops and other services:
Workshops: Identity Theft/Fraud; 403(b) Basics; 403(b) Employer Contributions; Inside the 403(b); Unraveling the Mysteries of Credit and Credit Reports; 403(b) Provider-Specific; The Financial Planning Puzzle; The Challenging Times of Financial Management – The Retirement Years; Payroll/Pension (in retirement) Deduction of NYSUT Member Benefits-endorsed programs; Estate Planning and more. Workshops are arranged by request from local associations.
Other Services: MAP (Member Alert Program) email service; MPP (My Program Participation); Payroll/Pension Deduction; 403(b) Field Guide; 401(k) Guide; and Consumer Guides.
To request more information about any of these programs or services, or to find out if any additional programs are available, please contact Member Benefits at 800-626-8101 or visit memberbenefits.nysut.org. Some benefits may not be available in all local associations.