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Retirement System Membership – Special 20- and 25-Year Plans
… police officers and paid firefighters working for New York State or any municipal employer in the State, membership in … 9, 2010, through December 31, 2014: You are covered by the special plans in this booklet, if: Your employer has … between July 1, 2009, and January 8, 2010: You are covered by one of the special plans in this booklet, if: Your …
https://www.osc.ny.gov/retirement/publications/1517/retirement-system-membershipPayment for Service Credit – Article 14 Benefits
… member covered by Article 14, you will usually be required to pay for service currently not credited to you. There are two kinds of past service costs — mandatory … contributions. Optional costs are payments you choose to make to purchase credit for a period of previous or …
https://www.osc.ny.gov/retirement/publications/1644/payment-service-creditCredit for Previous or Military Service – Non-Contributory Plan with Guaranteed Benefits
… credit for your previous public employment or military service. It is very important that you claim all the service credit you are entitled to receive as early as …
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
… To be eligible for this benefit, you must retire directly from public employment or within a year after separating from service. The additional credit is determined by dividing …
https://www.osc.ny.gov/retirement/publications/1867/additional-service-credit-sick-leave-section-341jOverview – Membership and Enrollment
… The New York State and Local Retirement System (NYSLRS) is one of the largest retirement systems in the United States … Retirement System plus interest (the current interest rate is 5 percent), or they can roll over this money into another … one of two categories: Those for whom membership in NYSLRS is mandatory and who, therefore, must join; or Those for whom …
https://www.osc.ny.gov/retirement/employers/membership-enrollment/overviewForms
… Save Time with Retirement Online Skip printing forms, having them notarized and sending them through the … immediately and is able to process them faster than paper forms. If you don’t have an account, learn more about … Online and click Register Now to get started today. Member Forms If you are retired, please go to the Retiree and …
https://www.osc.ny.gov/retirement/formsEmployer E-News Archive — 2024
… Your Monthly Report on Time Set Up Your Enhanced Reporting Transition Plan Today More Than 2,100 Employers Have Already … for Improper Withholdings Set Up Your Enhanced Reporting Transition Plan Today More Than 2,100 Employers Have Already … Security Roles Are Current Set Up Your Enhanced Reporting Transition Plan Today More Than 2,000 Employers Have Already …
https://www.osc.ny.gov/retirement/publications/employer-e-news-archive-2024Service Retirement Benefit – Regional State Park Police Plan
… police officer service. Or, you may qualify for a service retirement if you reach age 60 before having served 25 years … The Benefit With 25 years of creditable service, your retirement benefit will equal one-half (50 percent) of … before completing 25 years of service, you will receive a retirement benefit equal to 1/50th (2 percent) of …
https://www.osc.ny.gov/retirement/publications/1867/service-retirement-benefitPartial Lump Sum Payment – En-Con Police Officers Plan
… a one-time lump sum payment. The lump sum payment is made when your retirement benefit is finalized. Eligibility To be eligible to choose a partial lump sum payment (PLS), you must: Retire under a special 20- or 25-year plan; Retire … a lump sum payment equal to a specific percentage of the value of your retirement benefit, as shown below. Your Single …
https://www.osc.ny.gov/retirement/publications/1822/partial-lump-sum-paymentApplying for Previous or Military Service Credit – Regional State Park Police Plan
… To receive credit for any type of previous or military … must be received before your effective date of retirement) to our Member & Employer Services Bureau. Please include as … you are seeking credit. We will determine your eligibility to receive the credit and any cost involved. Requesting …
https://www.osc.ny.gov/retirement/publications/1867/applying-previous-or-military-service-creditService Credit for Tiers 2 through 6
… and answer your questions. Sincerely, Thomas P. DiNapoli State Comptroller What is Service Credit? Service credit is … contributions are deducted from your pay and sent to us by your employer. If there is a period of time after your … “Request Additional Service Credit.” You can also apply by mail by submitting a Request to Purchase Service Credit …
https://www.osc.ny.gov/retirement/publications/service-credit-tiers-2-through-6World Trade Center Presumption – Police and Fire Plan
… benefit if you become permanently disabled and unable to perform your job due to a qualifying condition. You may be eligible to reclassify …
https://www.osc.ny.gov/retirement/publications/1512/world-trade-center-presumptionHow to Report Days Worked – Legacy Reporting
… The number of days worked you report for your employees has a direct impact on their … report information about employees through Retirement Online including their earnings the number of days they …
https://www.osc.ny.gov/retirement/employers/legacy-reporting/how-report-days-workedCost-of-Living Adjustment – En-Con Police Officers Plan
… is applied only to the first $18,000 of your Single Life Allowance, even if you selected a different option at …
https://www.osc.ny.gov/retirement/publications/1822/cost-living-adjustmentStraight 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.pdfDirect Deposit Program
… Direct Deposit . Follow steps to update your bank account number and routing number. Be sure the account number and routing number you … using the Browse… button. Mail NYSLRS 110 State St Albany, NY 12244-0001 Ask Your Bank to Fax Your Changes If you are …
https://www.osc.ny.gov/retirement/retirees/direct-deposit-programContributing Toward Your Retirement – Special 20- and 25-Year Plans
… Tier 2 and 3 (Article 11) Members You are not required to contribute toward your retirement. However, you can make voluntary annuity savings contributions, which will … after the maximum service credit allowed has been reached. For your first three years of membership, we use the annual …
https://www.osc.ny.gov/retirement/publications/1517/contributing-toward-your-retirementBorrowing Against Your Contributions – Non-Contributory Plan with Guaranteed Benefits for ERS Tier 1 Members
… … NonContributory Plan with Guaranteed Benefits information for ERS Tier 1 members under Sections 75d and 75e Borrowing Against Your Contributions …
https://www.osc.ny.gov/retirement/publications/1502/borrowing-against-your-contributionsContributing Toward Your Retirement – Non-Contributory Plan with Guaranteed Benefits for ERS Tier 1 Members
… … NonContributory Plan with Guaranteed Benefits information for ERS Tier 1 members under Sections 75d and 75e …
https://www.osc.ny.gov/retirement/publications/1502/contributing-toward-your-retirementBorrowing Against Your Contributions – Non-Contributory Plan with Guaranteed Benefits for ERS Tier 2 Members
NonContributory Plan with Guaranteed Benefits information for ERS Tier 2 members under Sections 75d and 75e Borrowing Against Your Contributions
https://www.osc.ny.gov/retirement/publications/1507/borrowing-against-your-contributions