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Challenging a Determination – Non-Contributory Plan with Guaranteed Benefits
… and cannot pay you any benefits if you do not meet all the eligibility requirements established by law. If you … to the Hearing Administration Bureau within four months of the determination. We will send you an acknowledgment letter with an explanation of the hearing process when we receive your written request. …
https://www.osc.ny.gov/retirement/publications/1513/challenging-determinationMilitary Service Credit
… with all New Yorkers, owe you a debt of gratitude for your service to our country. As a past or present member of the … should know that you may be eligible to receive additional service credit toward your retirement benefit for your … Military veterans and active service members may be eligible to receive additional service …
https://www.osc.ny.gov/retirement/publications/military-service-creditContributing Toward Your Retirement – Special 20- and 25-Year Plans
… contributions are taken after taxes. At retirement, the annuity you receive would be treated as taxable income, however because you made post-tax contributions, a portion of your pension would be non-taxable. To begin making …
https://www.osc.ny.gov/retirement/publications/1517/contributing-toward-your-retirementUnderstanding Your GASB Report – Governmental Accounting Standards Board
… used for GASB are the same as the assumptions used in the annual actuarial valuation, including a 5.9% discount … and the Pension Plan’s NPL. Pension Expense Changes in the Net Pension Liability, recognized in the current reporting period. There are some exceptions, …
https://www.osc.ny.gov/retirement/employers/gasb/understanding-your-gasb-reportVested Retirement Benefit – Regional State Park Police Plan
… age, you will be entitled to a retirement benefit based on your service and your earnings when you were an active … member. 1 The date you are eligible to retire depends on your tier. Tiers 1 & 2 — the first of the month following … become eligible, your vested retirement will be effective on the date the application is received. Remember, it is up …
https://www.osc.ny.gov/retirement/publications/1867/vested-retirement-benefitOverview – En-Con Police Officers 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. …
https://www.osc.ny.gov/retirement/publications/1822/overviewChallenging a Determination – Regional State Park Police Plan
… and cannot pay you any benefits if you do not meet all the eligibility requirements established by law. If you … to the Hearing Administration Bureau within four months of the determination. We will send you an acknowledgement letter and an explanation of the hearing process when we receive your written request. …
https://www.osc.ny.gov/retirement/publications/1867/challenging-determinationForms
… and sending them through the mail—save time and sign in to Retirement Online . You’ll get instant access to your … convenient way to reinstate an earlier tier of membership, transfer your membership or withdraw from NYSLRS. Tier … Application for Service Retirement (RS6354, Rev. 9/18) Request for Estimate This is a two-page form. Please submit …
https://www.osc.ny.gov/retirement/formsVII.9.A Fringe Benefits and Indirect Costs Automation – VII. State Revenues and Appropriated Loan Receivables
… . The process will identify any eligible personal service (PS) charges since the prior FBIC run. The FBIC process will … specific for each agency. These rates will be applied to PS disbursements from Federal and other dedicated revenue … of ‘FIE’ . Bulkload agencies must enter these journals online in order to enter the appropriate source code. The use …
https://www.osc.ny.gov/state-agencies/gfo/chapter-vii/vii9a-fringe-benefits-and-indirect-costs-automationChallenging a Determination – Basic Plan with Increased-Take-Home-Pay (ITHP)
… and cannot pay you any benefits if you do not meet all the eligibility requirements established by law. If you … to the Hearing Administration Bureau within four months of the determination. We will send you an acknowledgment letter with an explanation of the hearing process when we receive your written request. …
https://www.osc.ny.gov/retirement/publications/1511/challenging-determinationLeaves of Absence – Article 14 Benefits
… Half credit is given for sick leave at half pay. Since service is usually not credited for any period of …
https://www.osc.ny.gov/retirement/publications/1644/leaves-absenceBorrowing Against Your Contributions – Regional State Park Police Plan
… covered by Section383a Covers pension disability and death benefits …
https://www.osc.ny.gov/retirement/publications/1867/borrowing-against-your-contributionsService Retirement Benefit – En-Con Police Officers Plan
… The Application for Service Retirement (RS6037) must be on file with the Office of the State Comptroller at least 15 days, but not more than 90 days, before the date on which your retirement will occur. The 15-day filing …
https://www.osc.ny.gov/retirement/publications/1822/service-retirement-benefitAccidental Death Benefit – Regional State Park Police Plan
… your behalf. The Benefit The accidental death benefit is a lifetime pension if paid to a surviving spouse or dependent … can only be paid to the following family beneficiaries, in this order: First, to your surviving spouse for life; Second, where there is no surviving spouse or in the event of his or her death, to minor children until …
https://www.osc.ny.gov/retirement/publications/1867/accidental-death-benefitLife Changes: Membership in a Nutshell
Understanding the benefits you are entitled to receive as a NYSLRS member is important step in planning your future.
https://www.osc.ny.gov/files/retirement/publications/pdf/1878-membership-in-a-nutshell.pdfOvertime Limits for Tier 5
… earnings (FAE) , which is used to determine your NYSLRS pension. If you earn more than the annual limit, it will not be factored into your pension and your employer should not withhold member … information about your retirement benefits and how your pension will be calculated. (Return to Top) Rev. 1/26 …
https://www.osc.ny.gov/retirement/members/overtime-limits-tier-5Limitations – Regional State Park Police Plan
… 12-month period by more than 20 percent. Any amount in excess of 20 percent is excluded from the computation of … previous two years by more than 20 percent, the amount in excess of 20 percent is excluded from the computation of … previous two years by more than 20 percent, the amount in excess of 20 percent is excluded from the computation of …
https://www.osc.ny.gov/retirement/publications/1867/limitationsAdditional Service Credit for Sick Leave (Section 341[j]) – En-Con Police Officers Plan
… for your unused, unpaid sick leave days at retirement. To be eligible for this benefit, you must retire directly … be used to: Qualify for vesting. For example, if you have four years and ten months of service credit and you need … better retirement benefit calculation. For example, if you have 19½ years of service credit but your pension will …
https://www.osc.ny.gov/retirement/publications/1822/additional-service-credit-sick-leave-section-341jOverview – Membership and Enrollment
… to another participating employer , or changes from full- to part-time employment. Public officers are eligible …
https://www.osc.ny.gov/retirement/employers/membership-enrollment/overviewService Credit for Tiers 2 through 6
… of membership. The amount of credit you receive is based on your earnings and service information your employer … service from 7/1/76 to 12/31/76: Free For service on or after 1/1/77: 3% of gross earnings plus interest … you can receive and the cost (if any) will vary depending on which section of the law allows the credit. Additional …
https://www.osc.ny.gov/retirement/publications/service-credit-tiers-2-through-6