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About the Standard Work Day and Reporting Resolution – Reporting Elected and Appointed Officials
… When does the governing board adopt a Standard Work Day and Reporting Resolution for Elected and Appointed … When does the governing board adopt a Standard Work Day and Reporting Resolution for Elected and Appointed … and appointed officials paid on a per diem basis often work an inconsistent number of days from pay period to pay …
https://www.osc.ny.gov/retirement/employers/reporting-ea-officials/about-standard-work-day-and-reporting-resolutionRetirement at Age 62 With Less Than 20 Years of Service – Article 14 Benefits
… service retirement benefit equals 2.1 percent of your FAS for each year of service credit. The benefit is reduced by 50 … Annual Benefit — No Escalation Filing Your Application for Service Retirement (RS6037) must be on file with the … Article 14 information for PFRS Tier 3 members Covers pension disability and death …
https://www.osc.ny.gov/retirement/publications/1644/retirement-age-62-less-20-years-serviceLump Sum Payments – Legacy Reporting
… Tier 1 Include lump sum payments for unused vacation on the Statement of Accrued Payments and Leave Credits Form … Do not report for members with date of membership on or after 4/1/72. Not reportable Not reportable Workers’ … details. All payments listed above should be included on the Statement of Accrued Payments and Leave Credits form …
https://www.osc.ny.gov/retirement/employers/legacy-reporting/lump-sum-paymentsOut-of-State Orders – Divorce and Your Benefits
… Order if a notarized Consent to New York Jurisdiction and Release form (RS6452) is executed by the member … of New York State. The Consent to New York Jurisdiction and Release form must authorize NYSLRS to deduct payments … according to the provisions of the out-of-state DRO and release NYSLRS from any liability whatsoever due to any …
https://www.osc.ny.gov/retirement/members/divorce/out-state-ordersMember Contributions
… earn 5 percent annual interest for members of: ERS Tiers 3, 4, 5 and 6 PFRS Tier 3 (Article 14) Contributions earn up … Excluded from Tier 6 Contribution Rates . (Return to Top) Tier 5 For ERS and PFRS Tier 5 members, you are required … special plan are not required to contribute. (Return to Top) Tiers 3 & 4 (Articles 14 & 15) For ERS Tier 3 and 4 …
https://www.osc.ny.gov/retirement/members/member-contributionsWithdrawing Your Contributions and/or Your Membership – Article 14 Benefits
… withdraw, or you have less than five years of service and do not qualify for a retirement benefit, you should file the … you have at least five years of credited service, and you do not withdraw your membership, make sure to apply for a …
https://www.osc.ny.gov/retirement/publications/1644/withdrawing-your-contributions-andor-your-membershipLoans – Divorce and Your Benefits
… NYSLRS , unless the DRO on file specifically prohibits loans. If the member has an outstanding loan balance at … pension calculated without reference to any outstanding loans, the ex-spouse’s share will also be reduced. NYSLRS cannot apply a hypothetical loan reduction based on loans existing at the time of commencement of the divorce …
https://www.osc.ny.gov/retirement/members/divorce/loansOverview – World Trade Center Presumption
… Information about laws that may apply to those who participated in World Trade Center rescue recovery or …
https://www.osc.ny.gov/retirement/publications/world-trade-center/overviewDiNapoli: Rechargeable Battery Use Rising Dramatically, But State Not Enforcing Recycling Law Requirements
… the agency responsible for making sure they get recycled has little knowledge of whether it’s actually … nickel and silver, and lithium-ion, all of which can pose a threat to the environment and human health and safety if … are being recycled in New York as the law requires or how much is being recycled. The agency also does little with …
https://www.osc.ny.gov/press/releases/2022/06/dinapoli-rechargeable-battery-use-rising-dramatically-state-not-enforcing-recycling-law-requirementsDeath Benefits
… death benefit to the beneficiaries of certain retirees who participated in the World Trade Center rescue, recovery … NYSLRS retirees who die may leave their survivors a lifetime pension benefit …
https://www.osc.ny.gov/retirement/retirees/death-benefitsEarly Retirement – Article 14 Benefits
… Article 14 information for PFRS Tier 3 members Covers pension disability and death benefits …
https://www.osc.ny.gov/retirement/publications/1644/early-retirementLump Sum Payments – Enhanced Reporting
… Lump sum payments should be reported in the month they were earned. Report any lump sum payments under the appropriate earnings code . Lump Sum Payments at … a notification through Retirement Online to fill out the Statement of Accrued Payments and Leave Credits Form …
https://www.osc.ny.gov/retirement/employers/enhanced-reporting/lump-sum-paymentsCredit for Previous or Military Service – Article 14 Benefits
… your previous public employment or military service. It is very important that you claim all the service credit you … with the passage of time. Prior Service Prior service is any period of time you received salary from a …
https://www.osc.ny.gov/retirement/publications/1644/credit-previous-or-military-serviceCredit for Previous or Military Service – Career Plan
… or military service. It is very important that you claim all the service credit you are entitled to receive as … employer before that employer elected to participate in the Retirement System. Service Before Your Date of … member of this System, or another public retirement system in New York State, your service may be recredited and your …
https://www.osc.ny.gov/retirement/publications/1642/credit-previous-or-military-serviceCredit for Previous or Military Service – Police and Fire Plan
… or military service. It is very important that you claim all the service credit you are entitled to receive as … employer before that employer elected to participate in the Retirement System. Service Before Your Date of … member of this System, or another public retirement system in New York State, your service may be recredited and your …
https://www.osc.ny.gov/retirement/publications/1512/credit-previous-or-military-serviceCredit for Previous or Military Service – New Career Plan
… or military service. It is very important that you claim all the service credit you are entitled to receive as … employer before that employer elected to participate in the Retirement System. Service Before Your Date of … member of this System, or another public retirement system in New York State, your service may be recredited and your …
https://www.osc.ny.gov/retirement/publications/1515/credit-previous-or-military-serviceNormal Retirement – Article 14 Benefits
… With at least 22 years of service credit, you can apply for normal retirement regardless of your age. The normal … Security benefit. Your retirement benefit may be eligible for escalation — the annual increase or decrease of a … on the cost-of-living index. Some benefits are eligible for full escalation, while others are eligible for partial …
https://www.osc.ny.gov/retirement/publications/1644/normal-retirementCredit for Previous or Military Service – Non-Contributory Plan with Guaranteed Benefits
… You may be able to obtain credit for your previous public … cost, if any, please send us a copy of your Certificate of Release or Discharge from Active Duty (DD-214) . Service From … of this System, or another public retirement system in New York State, your service may be recredited and your date …
https://www.osc.ny.gov/retirement/publications/1513/credit-previous-or-military-serviceThe Age 60 Plan – Basic Plan with Increased-Take-Home-Pay (ITHP)
… choose to retire with a full benefit at age 62 or between the ages of 60 and 62 with a reduced benefit. 1 Regardless of … that offers a special retirement plan, you must retire by the first day of the month following your 70th birthday, even if you have not … 11 5 and 6 members under Sections 370a 371a and 375 The Age 60 Plan …
https://www.osc.ny.gov/retirement/publications/1511/age-60-planCredit for Previous or Military Service – Basic Plan with Increased-Take-Home-Pay (ITHP)
… or military service. It is very important that you claim all the service you are entitled to receive as early as … employer before that employer elected to participate in the Retirement System. Service Before Your Date of … member of this System, or another public retirement system in New York State, your service may be recredited and your …
https://www.osc.ny.gov/retirement/publications/1511/credit-previous-or-military-service