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Divorce – Police and Fire Plan
… The New York State Court of Appeals has determined that … to equitable distribution. “Equitable distribution” is the division of marital assets between spouses after the marriage has …
https://www.osc.ny.gov/retirement/publications/1512/divorceDivorce – Basic Plan with Increased-Take-Home-Pay (ITHP)
… The New York State Court of Appeals has determined that … to equitable distribution. “Equitable distribution” is the division of marital assets between spouses after the marriage has …
https://www.osc.ny.gov/retirement/publications/1511/divorceDivorce – En-Con Police Officers Plan
… The New York State Court of Appeals has determined that … to equitable distribution. “Equitable distribution” is the division of marital assets between spouses after the marriage has …
https://www.osc.ny.gov/retirement/publications/1822/divorceDivorce – Regional State Park Police Plan
… Court of Appeals has determined that retirement benefits are marital property and are subject to equitable … to your ex-spouse. A DRO gives us specific direction on how your retirement benefits should be divided. However, it … designations for certain benefits are revoked when a divorce, annulment or judicial separation becomes final. An …
https://www.osc.ny.gov/retirement/publications/1867/divorceOverview – Divorce and Your Benefits
… the marriage ends. Retirement benefits could be affected in any of the following ways: An ex-spouse may be entitled to a portion of the pension; A member may be required to name … that provides a continuing benefit to their ex-spouse in the event of the member’s death; An ex-spouse may be …
https://www.osc.ny.gov/retirement/members/divorce/overviewDisability Retirement – Divorce and Your Benefits
… retirement plans provide for several different types of disability retirement benefits. However, NYSLRS does not … is subject to equitable distribution is an issue for the Court. Many disability benefits administered by NYSLRS do … benefit. Instead, the pension is a fixed percentage of the member’s final average earnings. This means there is …
https://www.osc.ny.gov/retirement/members/divorce/disability-retirementRefunds – Divorce and Your Benefits
… Occasionally, a member may be entitled to a refund of contributions due to tier reinstatement , withdrawal of membership , transfer of membership or withdrawal of excess member contributions . …
https://www.osc.ny.gov/retirement/members/divorce/refundsRetirement Estimates – Divorce and Your Benefits
… ask for the present or accrued value of the benefits due to a member at retirement. Upon the member’s written request … Life Allowance retirement benefit using current earnings and service information. If the dates of marriage are … accrued during the marriage. Include the date of marriage and date of commencement of the divorce action in the …
https://www.osc.ny.gov/retirement/members/divorce/retirement-estimatesPension Payment Option Election – Divorce and Your Benefits
… pension. If the DRO does not explicitly state which party pays the additional cost of a pop-up option, it will be …
https://www.osc.ny.gov/retirement/members/divorce/pension-payment-option-electionChild Support and Spousal Maintenance – Divorce and Your Benefits
… support or spousal maintenance to be deducted. NYSLRS can also deduct spousal maintenance if required by a DRO, but not child support. Rev. 2/23 …
https://www.osc.ny.gov/retirement/members/divorce/child-support-and-spousal-maintenanceService Credit – Divorce and Your Benefits
… credit for all their public employment beginning with the date they joined NYSLRS. Some members can purchase … for military service. For most members, the total amount of service credit at retirement will directly affect the … if the DRO defines the numerator (marital period) as an exact number of months or years. If the numerator is an …
https://www.osc.ny.gov/retirement/members/divorce/service-creditDeath of the Ex-Spouse – Divorce and Your Benefits
… If an ex-spouse dies prior to the member’s retirement, the DRO on file is vacated (nullified). NYSLRS must calculate the …
https://www.osc.ny.gov/retirement/members/divorce/death-ex-spouseDetermining the Ex-spouse's Share – Divorce and Your Benefits
… The most common equitable distribution formula for a public pension was established by the State Court of Appeals …
https://www.osc.ny.gov/retirement/members/divorce/determining-ex-spouses-shareDivorce – Non-Contributory Plan with Guaranteed Benefits
… The New York State Court of Appeals has determined that … to equitable distribution. “Equitable distribution” is the division of marital assets between spouses after the marriage has …
https://www.osc.ny.gov/retirement/publications/1513/divorcePension Payment Options
… to continue payments to a beneficiary upon your death. When you apply for retirement , you’ll choose from several … value refers to what your pension benefit was valued at when you first retired. Your beneficiary, even if it is your … When NYSLRS members retire they must choose from several …
https://www.osc.ny.gov/retirement/members/pension-payment-optionsConsent to New York Jurisdiction and Release (RS6452)
A notarized Consent to New York Jurisdiction and Release form lets NYSLRS accept an out-of-state domestic relations orders (DRO).
https://www.osc.ny.gov/files/retirement/forms/pdf/rs6452.pdfAnnual Statement
… Your Statement provides a year-end summary of your NYSLRS pension payments, including … your delivery preference: Mail: We mail printed Statements by the end of February. (Note: The default delivery … mail.) Email: We make Statements available in Retirement Online sooner than printed copies are mailed—we will notify …
https://www.osc.ny.gov/retirement/retirees/annual-statementLife Changes: A Guide for Retirees
… A Message from Comptroller Thomas P. DiNapoli You already know that you will continue receiving a retirement benefit for the rest of your life. Now, I want to make sure you know about other benefits you may be … Retirees this guide will help you understand your benefit payments the services we offer …
https://www.osc.ny.gov/retirement/publications/life-changes-guide-retireesThe Survivor’s Benefit Program for New York State Management / Confidential Employees
… survivors may be eligible even if you are not a member of the New York State and Local Retirement System (NYSLRS), … What are the eligibility requirements? There is no need to enroll — your beneficiary is eligible to receive this benefit if, at the time of your death, you …
https://www.osc.ny.gov/retirement/publications/survivors-benefit-program-nys-management-confidential-employeesThe Survivor’s Benefit Program for New York State Employees
… Benefit Program provides a minimum death benefit to your survivors if you are an eligible New York State … employee. You may be eligible even if you are not a member of the New York State Employees’ Retirement System (ERS), the … What are the eligibility requirements? There is no need to enroll — your beneficiary is eligible to receive this …
https://www.osc.ny.gov/retirement/publications/survivors-benefit-program-nys-employees