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Overview – Regional State Park Police Plan
… calculation of your FAS can include, but is not limited to, the following types of payments. In some cases, certain … that can be included in your FAS calculation is limited to 15 percent of your salary. … Regional State Park Police …
https://www.osc.ny.gov/retirement/publications/1867/overviewRetirement System Membership – Special 20- and 25-Year Plans
… membership in the New York State and Local Police and Fire Retirement System (PFRS) is mandatory. Employers are … 11 5 and 6 members under Sections 384 384d and 384e Retirement System Membership …
https://www.osc.ny.gov/retirement/publications/1517/retirement-system-membershipCredit for Previous or Military Service – Regional State Park Police Plan
… able to obtain credit for your previous public employment or military service. It is very important that you claim all … records documenting your previous service may be lost or destroyed with the passage of time. Please note that … Service You may be able to receive credit for some or all of your military service. To determine your …
https://www.osc.ny.gov/retirement/publications/1867/credit-previous-or-military-serviceApplying for Previous or Military Service Credit – En-Con Police Officers Plan
… of notification. Page updated 3/13 … EnCon Police Officers Plan information for PFRS Tier 1 2 3 5 and 6 members covered …
https://www.osc.ny.gov/retirement/publications/1822/applying-previous-or-military-service-creditOverview – Membership and Enrollment
… retirement systems in the nation. NYSLRS administers two distinct systems: The Employees’ Retirement System (ERS); and The Police and Fire Retirement System (PFRS). Benefits of … benefit . New members will lock in the benefits of Tier 6. Other advantages of membership include: Death …
https://www.osc.ny.gov/retirement/employers/membership-enrollment/overviewEmployer E-News Archive — 2024
… Sign up to make sure you receive the latest Retirement System … the Switch August 2024 Enhanced Reporters Reaping the Benefits Reminder: Your Estimated Invoice is Available to …
https://www.osc.ny.gov/retirement/publications/employer-e-news-archive-2024Payment for Service Credit – Article 14 Benefits
… you. There are two kinds of past service costs — mandatory and optional. Mandatory costs are required for service credit … You joined the Retirement System on July 13, 2009, but your employer did not begin taking contributions from your … PFRS Tier 3 members Covers pension disability and death benefits …
https://www.osc.ny.gov/retirement/publications/1644/payment-service-creditCredit for Previous or Military Service – Non-Contributory Plan with Guaranteed Benefits
… able to obtain credit for your previous public employment or military service. It is very important that you claim all … records documenting your previous service may be lost or destroyed with the passage of time. Prior Service Prior … Service You may be able to receive credit for some or all of your military service. To determine your …
https://www.osc.ny.gov/retirement/publications/1513/credit-previous-or-military-serviceAdditional Service Credit for Sick Leave (Section 341[j]) – Regional State Park Police Plan
… Under Section 341[j] of the Retirement and Social Security Law (RSSL), you may … have four years and ten months of service credit and you need five years to be vested, your sick leave credit cannot … example, if you have 19½ years of service credit but your pension will improve substantially if you have 20 years, your …
https://www.osc.ny.gov/retirement/publications/1867/additional-service-credit-sick-leave-section-341jService Credit for Tiers 2 through 6
… the pension benefit you receive will be directly related to your retirement service credit. As a NYSLRS member, you … We will automatically notify your employer to take payroll deductions until the amount is paid. If you have … after your retirement date. There are certain situations where purchasing additional service credit will not increase …
https://www.osc.ny.gov/retirement/publications/service-credit-tiers-2-through-6Service Retirement Benefit – Regional State Park Police Plan
… You may retire at any age after completing 25 years of regional state park or New York State police officer service. Or, you may qualify for a …
https://www.osc.ny.gov/retirement/publications/1867/service-retirement-benefitWorld Trade Center Presumption – Police and Fire Plan
… If you participated in the World Trade Center rescue, recovery or cleanup efforts, and … time, you should be aware of the benefits provided by the World Trade Center Presumption law. 1 You may be eligible for …
https://www.osc.ny.gov/retirement/publications/1512/world-trade-center-presumptionPartial Lump Sum Payment – En-Con Police Officers Plan
… to Retire Available PLS Payment Options* 1 5% 2 5 or 10% 3 5, 10 or 15% 4 5, 10, 15 or 20% 5 or more 5, 10, 15, 20 or 25% *A percentage of …
https://www.osc.ny.gov/retirement/publications/1822/partial-lump-sum-paymentHow to Report Days Worked – Legacy Reporting
… you report for your employees has a direct impact on their retirement benefits. We use days worked to determine service credit, which is the basis for benefit … 2/20 … NYSLRS employers report information about employees through Retirement Online including their earnings the number …
https://www.osc.ny.gov/retirement/employers/legacy-reporting/how-report-days-workedForms
… please go to the Retiree and Beneficiary Forms section. Retirement Online now offers more services and time-saving … features. In many cases, noted below, you can use Retirement Online instead of sending forms through the mail …
https://www.osc.ny.gov/retirement/formsApplying for Previous or Military Service Credit – Regional State Park Police Plan
… credit for your previous public employment as early in your career as possible ensures that: If there is a cost, … will be processed more quickly if your service credit is in order. Records we need to verify your service will be more …
https://www.osc.ny.gov/retirement/publications/1867/applying-previous-or-military-service-creditContributing Toward Your Retirement – Special 20- and 25-Year Plans
… and provide an annuity above and beyond your regular pension benefit when you retire. You can contribute any whole … because you made post-tax contributions, a portion of your pension would be non-taxable. To begin making voluntary … (on your membership application) to determine your contribution rate. After three years, we base your …
https://www.osc.ny.gov/retirement/publications/1517/contributing-toward-your-retirementCost-of-Living Adjustment – En-Con Police Officers Plan
… annual rate of inflation, but never less than 1 percent or more than 3 percent of your benefit. The adjustment … percentage is applied only to the first $18,000 of your Single Life Allowance, even if you selected a different … cost-of-living adjustments (COLAs) when you are: Age 62 or older and retired for five or more years; Age 55 or older …
https://www.osc.ny.gov/retirement/publications/1822/cost-living-adjustmentCost-Saving Ideas: Overtime Planning and Management
… in your approach to managing these costs. Fair Labor Standards Act and the New York State Taylor Law In … to overtime, keep in mind that Federal Fair Labor Standards Act provisions (29 USC Sections 201 et seq.) may …
https://www.osc.ny.gov/local-government/publications/cost-saving-ideas-overtime-planning-and-managementStraight Talk About Financial Planning For Your Retirement
Your pension benefit is only part of a good financial plan. This publication includes information about NYSLRS benefits as well as financial planning tips.
https://www.osc.ny.gov/files/retirement/publications/pdf/1845-financial-planning.pdf