Search
Repaying Your NYSLRS Loan after Retirement
… System (ERS) retirees who retired with an outstanding loan to repay that loan and increase their pension. Retirees … — Member page for information about taking a NYSLRS loan. How Much Do I Need to pay? If you retired with an outstanding … If you don’t have the letter, you can contact us to find out how much you would have to repay and how much your …
https://www.osc.ny.gov/retirement/retirees/repaying-your-nyslrs-loan-after-retirementLoans: Applying and Repaying
… Retirement Online is the fastest and easiest way to apply for … loans and manage your loan payments. Sign in to your Retirement Online account , then look under ‘My Account … from active duty, please send us a copy of your release papers or DD-214 . *Most members who take a taxable loan, …
https://www.osc.ny.gov/retirement/members/loans-applying-and-repayingBorrowing Against Your Contributions – State Police Plan
… minus any outstanding loan balance, so you must have an account balance of at least $1,334. If you joined on or after … or $50,000 (whichever is less), so you must have an account balance of at least $2,000. All Tiers — Your Loan May … tax information is available on your Retirement Online account or the loan application). You have a loan with a …
https://www.osc.ny.gov/retirement/publications/1518/borrowing-against-your-contributions-0Borrowing Against Your Contributions – Special 20- and 25-Year Plans
… have member contributions in your account, you can take a loan from NYSLRS. If you aren’t required to contribute … of member service credit. You must repay each outstanding loan in an amount sufficient to repay the loan and interest within five years. Loans are repaid through …
https://www.osc.ny.gov/retirement/publications/1517/borrowing-against-your-contributionsPreparing for Retirement
… Request an estimate by phone Most ERS members who are age 50 or older can request a benefit projection by phone by … or passport card Marriage Certificate, if it shows your age on a given date or the date of birth Baptismal …
https://www.osc.ny.gov/retirement/members/preparing-retirementComptroller DiNapoli Releases School Audits
… district and charter school finances and operations, my office continues to provide taxpayers the assurance that … and effectively.” Amani Public Charter School – Payroll and Timekeeping (Westchester County) School officials …
https://www.osc.ny.gov/press/releases/2015/07/comptroller-dinapoli-releases-school-auditsLife Changes: Membership in a Nutshell
… benefits; Loans for contributing members; The ability to transfer membership to and from other public retirement … will let you know the amount reportable for federal income tax purposes. (This payment is not subject to the income tax … you can request that we make a direct trustee-to-trustee transfer to an Individual Retirement Account (IRA) or other …
https://www.osc.ny.gov/retirement/publications/life-changes-membership-nutshellState Comptroller DiNapoli and Rockland D.A. Announce Middletown Man Arraigned on Grand Larceny Charges
… uncovered his fraud, and he will now be held accountable for his actions. My office will continue to protect the … On or about November 15, 2018, Cesar submitted a request for a loan in the amount of $3,900 (minus a loan fee of $20) …
https://www.osc.ny.gov/press/releases/2020/07/state-comptroller-dinapoli-and-rockland-da-announce-middletown-man-arraigned-grand-larceny-chargesDiNapoli: Former State Employee Arrested for Falsely Claiming She Never Received $4K Loan Check from New York State and Local Retirement System
… System (NYSLRS) that she never received a $4,055 loan check to get a replacement check in the same amount. Both checks were then …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-former-state-employee-arrested-falsely-claiming-she-never-received-4k-loan-check-new-yorkRetiree Annual Statement
… printed Statements by the end of February. Email Delivery (Online Availability): We make Statements available in … law. For information about COLA eligibility and how it’s calculated, visit our Cost-of-Living Adjustment page . … questions, contact the New York State Department of Civil Service . Deductions Benefit Adjustments/Recoveries The …
https://www.osc.ny.gov/retirement/retirees/retiree-annual-statementBorrowing Against Your Contributions – Regional State Park Police Plan
… balance at retirement and type of retirement (service or disability). The loan application provides examples of how … pay off your loan once you retire. The amount of your pension reduction will be based on your age, the loan balance … Tier 1 2 3 5 and 6 members covered by Section383a Covers pension disability and death benefits …
https://www.osc.ny.gov/retirement/publications/1867/borrowing-against-your-contributionsBorrowing Against Your Contributions – Police and Fire Plan
… If you meet eligibility requirements, you may take a loan from NYSLRS. Tier 1 and 2 Members The following rules … year of member service credit. You repay each outstanding loan through payroll deductions in an amount sufficient to repay the loan and interest within five years. You may borrow only once …
https://www.osc.ny.gov/retirement/publications/1512/borrowing-against-your-contributionsBorrowing Against Your Contributions – En-Con Police Officers Plan
… If you meet eligibility requirements, you may take a loan from NYSLRS. Tier 1 and 2 Members The following rules … year of member service credit. You repay each outstanding loan through payroll deductions in an amount sufficient to repay the loan and interest within five years. You may borrow only once …
https://www.osc.ny.gov/retirement/publications/1822/borrowing-against-your-contributionsBorrowing Against Your Contributions – Non-Contributory Plan with Guaranteed Benefits
… If you meet eligibility requirements, you may take a loan from NYSLRS. Tier 1 and 2 Members The following rules … year of member service credit. You repay each outstanding loan through payroll deductions in an amount sufficient to repay the loan and interest within five years. You may borrow only once …
https://www.osc.ny.gov/retirement/publications/1513/borrowing-against-your-contributionsBorrowing Against Your Contributions – Basic Plan with Increased-Take-Home-Pay (ITHP)
Basic Plan with Increased TakeHome Pay for PFRS Tier 1 2 3 Article 11 5 and 6 under Sections 370a 371a and 375 Borrowing Against Your Contributions
https://www.osc.ny.gov/retirement/publications/1511/borrowing-against-your-contributionsBorrowing Against Your Contributions – Career Plan
… You may borrow only once in any 90-day period. Prior to retirement, and 30 days after issuance, loans are fully … with an outstanding loan, the annuity portion of your retirement benefit will be permanently reduced . You cannot … reduction will be based on your age, the loan balance at retirement and type of retirement (service or disability). …
https://www.osc.ny.gov/retirement/publications/1642/borrowing-against-your-contributionsBorrowing Against Your Contributions – New Career Plan
… If you meet eligibility requirements, you may take a loan from NYSLRS. Tier 1 and 2 Members The following rules … year of member service credit. You repay each outstanding loan through payroll deductions in an amount sufficient to repay the loan and interest within five years. You may borrow only once …
https://www.osc.ny.gov/retirement/publications/1515/borrowing-against-your-contributionsLaw Pertaining to SUNY Police Officers
… time may be included in the calculation of my Final Average Salary (FAS). Does this remain the same in PFRS? Also, … at 1-866-805-0990 or 518-474-7736 in the Albany, NY area. They can review your specific service credit with …
https://www.osc.ny.gov/retirement/members/law-pertaining-suny-police-officersRetiring with an Outstanding Loan – State Police Plan
… pay off your loan once you retire. The amount of your pension reduction will be based on your age, your loan … 55 $5,000 $208 $10,000 $417 60 $5,000 $236 $10,000 $472 … State Police Plan information for PFRS Tier 2 5 and 6 members …
https://www.osc.ny.gov/retirement/publications/1518/retiring-outstanding-loanLife Changes: What If I Leave Public Employment?
… you must submit your request while you are still on the payroll of a participating employer. If there is a cost for … receive a statement of the cost after you have left the payroll, you must make payment within 30 days from the date … outstanding loans with NYSLRS when you leave the public payroll and you withdraw your contributions and end your …
https://www.osc.ny.gov/retirement/publications/life-changes-what-if-i-leave-public-employment