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Credit for Previous or Military Service – Article 14 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 … System, or another public retirement system in New York State, your service may be recredited and your date of …
https://www.osc.ny.gov/retirement/publications/1644/credit-previous-or-military-serviceReceiving Your Benefit and Filing Your Option Election – Article 14 Benefits
… beneficiary after your death. Filing Your Option Election You must file your Option Election form (unless notified otherwise, as in the case of … after your retirement date, whichever is later. If your election is not timely, by law, we must process your …
https://www.osc.ny.gov/retirement/publications/1644/receiving-your-benefit-and-filing-your-option-electionApplying for Previous or Military Service Credit – Article 14 Benefits
… To receive credit for previous or military service, send a … must be received before your effective date of retirement) to our Member & Employer Services Bureau. Include as much … is a cost, it will be less expensive than if you wait to purchase it at a later date. You will stop making the 3 …
https://www.osc.ny.gov/retirement/publications/1644/applying-previous-or-military-service-creditOrdinary Disability – Article 14 Benefits
… Eligibility To qualify for the ordinary disability retirement benefit, you must: Be unable to perform your duties because of a permanent physical or … benefits. The Benefit If approved, this is a benefit equal to the greater of: One-third of your FAS or 2 percent of …
https://www.osc.ny.gov/retirement/publications/1644/ordinary-disabilityDivorce – Article 14 Benefits
… The New York State Court of Appeals has determined that retirement benefits are … designations for certain benefits are revoked when a divorce, annulment or judicial separation becomes final. An … on how your pension benefits can be affected by divorce, consult your attorney, contact our Matrimonial …
https://www.osc.ny.gov/retirement/publications/1644/divorceContributing Toward Your Retirement – Article 14 Benefits
… You are required to contribute 3 percent of your gross … for 25 years or until retirement, whichever is earlier. If you are employed by more than one participating employer, … contributions you make on or after October 1, 2013* are: Not reported as wages for federal income tax; Reported as …
https://www.osc.ny.gov/retirement/publications/1644/contributing-toward-your-retirementOrdinary Death Benefit – Article 14 Benefits
… An ordinary death benefit may be payable to your designated beneficiary if you have 90 days of service … or While you are on an authorized medical leave for up to two years (which may be extended for an additional two … Compensation or other employer-funded benefits for up to two years (which may be extended for an additional two …
https://www.osc.ny.gov/retirement/publications/1644/ordinary-death-benefitEligibility, Your Vested Benefit and Filing – Article 14 Benefits
… if you leave public employment and have five or more years of credited service. You can choose to begin receiving your … age or when you reach age 55. Your early retirement age is the age at which you would have completed 20 years of service credit. The amount of your vested benefit will be based on your …
https://www.osc.ny.gov/retirement/publications/1644/eligibility-your-vested-benefit-and-filingPayment for Service Credit – Article 14 Benefits
… As a Tier 3 member covered by Article 14, you will usually be required to pay for service currently not credited to you. There are two … from your paycheck until August 3, 2009. You would then need to make payments for July 13th through August 3rd. … …
https://www.osc.ny.gov/retirement/publications/1644/payment-service-creditLeaves of Absence – Article 14 Benefits
… Medical Leave Act. Workers’ Compensation You may be able to receive credit for some or all of your Workers’ Compensation leave. To determine your eligibility and the cost (if any), please send a request to the Retirement System for review. State Police employees …
https://www.osc.ny.gov/retirement/publications/1644/leaves-absenceBorrowing Against Your Contributions – Article 14 Benefits
… System. Before you apply, you should be aware of the federal tax laws pertaining to Retirement System loans. Your loan … You must repay each outstanding loan through payroll deductions in an amount sufficient to repay the loan, …
https://www.osc.ny.gov/retirement/publications/1644/borrowing-against-your-contributionsBecoming Eligible for a Benefit – Article 14 Benefits
… contributions, you will have earned the right to receive a pension once you meet the minimum requirement of five years … credit, even if you discontinue your public employment. Vesting is automatic — you do not have to fill out any … … Article 14 information for PFRS Tier 3 members Covers pension disability and death benefits …
https://www.osc.ny.gov/retirement/publications/1644/becoming-eligible-benefitA Message From Comptroller Thomas P. DiNapoli – Article 14 Benefits
… explains some of those benefits and the services available to you as a member of our system, including: Benefits you … if you leave public service before you become eligible to retire (vested benefits). I am joined by a staff of dedicated professionals in my commitment to helping you make informed decisions about your future. I …
https://www.osc.ny.gov/retirement/publications/1644/message-comptroller-thomas-p-dinapoliState Agencies Bulletin No. 1206
… Purpose To provide information about an upgrade to Control-D. Affected Employees Control-D users Effective …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1206-control-d-upgradeState Agencies Bulletin No. 794
… Purpose To explain procedures related to the Factor Change. Affected Employees All employees with a …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/794-factor-change-fiscal-year-2008-09State Agencies Bulletin No. 703-A
… Purpose To provide instructions to implement the new payment. Affected Employees …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/730-payment-dates-inconvenience-pay-employees-represented-nyscopbaAccidental Disability – Article 14 Benefits
… the performance of duties not caused by your own willful negligence. or You are awarded primary Social Security … the performance of duties not caused by your own willful negligence. There is no minimum service requirement for an …
https://www.osc.ny.gov/retirement/publications/1644/accidental-disabilityCost-of-Living Adjustment – Article 14 Benefits
… including age and number of years retired, your retirement benefit will permanently increase each year. You …
https://www.osc.ny.gov/retirement/publications/1644/cost-living-adjustmentWithdrawing Your Contributions and/or Your Membership – Article 14 Benefits
… If you leave public employment with at least five, but less than ten, years of credited service, you may choose to: End your membership and withdraw your … in your account and qualify for a retirement benefit when you become eligible. If you choose to withdraw, or you have …
https://www.osc.ny.gov/retirement/publications/1644/withdrawing-your-contributions-andor-your-membershipMore About This Retirement Plan – Article 14 Benefits
… New York State Legislature. These benefits are available to Tier 3 New York State and Local Police and Fire Retirement … Throughout this publication, you will find references to “Sections” and “Articles” that refer to the RSSL. The New York State and Local Retirement System, …
https://www.osc.ny.gov/retirement/publications/1644/more-about-retirement-plan