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Additional Service Credit for Sick Leave (Section 341[j]) – New Career Plan
… example, if you have 19½ years of service credit but your pension will improve substantially if you have 20 years, your … credit cannot be used to reach the 20 years. Increase your pension beyond the maximum amount payable under your …
https://www.osc.ny.gov/retirement/publications/1515/additional-service-credit-sick-leave-section-341jAdditional Service Credit for Sick Leave (Section 341[j]) – Basic Plan with Increased-Take-Home-Pay (ITHP)
… example, if you have 19½ years of service credit but your pension will improve substantially if you have 20 years, your … credit cannot be used to reach the 20 years. Increase your pension beyond the maximum amount payable under your …
https://www.osc.ny.gov/retirement/publications/1511/additional-service-credit-sick-leave-section-341jOvertime Temporarily Excluded from Tier 6 Contribution Rates
… the top of the table. Please review carefully. Update your payroll system to withhold the correct amount beginning April …
https://www.osc.ny.gov/retirement/employers/overtime-temporarily-excluded-tier-6-contribution-ratesMember Contributions
… the Election to Make Voluntary Contributions (RS5379) form . File the election form with their payroll office. Your payroll office must: Complete the employer portion of the election form. Fax it to us at 518-486-4382 or mail it to the address …
https://www.osc.ny.gov/retirement/employers/member-contributionsRetirement System Membership – En-Con Police Officers Plan
… paid firefighters working for employers that participate in the New York State and Local Police and Fire Retirement System (PFRS) must become members of the … Tier 1 2 3 5 and 6 members covered by Section 383b Covers pension disability and death benefits …
https://www.osc.ny.gov/retirement/publications/1822/retirement-system-membershipRetiring with an Outstanding Loan – State Police Plan
… will be based on your age, your loan balance at retirement and the type of retirement (service or disability). The loan … loan balance at retirement. The approximate reductions are for calendar year 2021. The amount of the reduction changes … $5,000 $236 $10,000 $472 … State Police Plan information for PFRS Tier 2 5 and 6 members under Sections 381b Borrowing …
https://www.osc.ny.gov/retirement/publications/1518/retiring-outstanding-loanAdditional Service Credit for Sick Leave (Section 341[j]) – Regional State Park Police Plan
… Social Security Law (RSSL), you may receive service credit for your unused, unpaid sick leave days at retirement. To be eligible for this benefit, you must retire directly from public … sick leave days (which cannot exceed 165) by 260. Credit for your unused sick leave at retirement cannot be used to: …
https://www.osc.ny.gov/retirement/publications/1867/additional-service-credit-sick-leave-section-341jAdditional 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-341jOrdinary Death Benefit – Career Plan
… to an ordinary death benefit, in lieu of a monthly pension, if your death is not attributable to an on-the-job … retired) members generally are not entitled to a monthly pension benefit. The first $50,000 of this benefit is paid in …
https://www.osc.ny.gov/retirement/publications/1642/ordinary-death-benefitOrdinary Death Benefit – State Police Plan
… Your beneficiary may be entitled to an ordinary death benefit if you meet the eligibility requirements and your … death benefit is a one-time, lump sum payment (your beneficiaries would not receive a monthly pension benefit). …
https://www.osc.ny.gov/retirement/publications/1518/ordinary-death-benefit25-Year Benefit (Section 384) – Special 20- and 25-Year Plans
… service, regardless of age. “Creditable service” is: Service as a firefighter or police officer under a 20- or … service, as specified by the RSSL. Note: This benefit is not available to Tier 3 members whose employers offer a … 90 days before your date of retirement. For information on how to apply for a service retirement benefit, read Applying …
https://www.osc.ny.gov/retirement/publications/1517/25-year-benefit-section-384Ordinary Death Benefit – Non-Contributory Plan with Guaranteed Benefits
… to an ordinary death benefit, in lieu of a monthly pension, if your death is not attributable to an on-the-job … retired) members generally are not entitled to a montly pension benefit. The first $50,000 of this benefit is paid in …
https://www.osc.ny.gov/retirement/publications/1513/ordinary-death-benefitOrdinary Death Benefit – Basic Plan with Increased-Take-Home-Pay (ITHP)
… to an ordinary death benefit, in lieu of a monthly pension, if your death is not attributable to an on-the-job … retired) members generally are not entitled to a monthly pension benefit.The first $50,000 of this benefit is paid in …
https://www.osc.ny.gov/retirement/publications/1511/ordinary-death-benefitContributing Toward Your Retirement – Basic Plan with Increased-Take-Home-Pay (ITHP)
… your employer provides). Since you are contributing less of your own money to the Retirement System, the annuity portion of your retirement benefit will be smaller. However, when you …
https://www.osc.ny.gov/retirement/publications/1511/contributing-toward-your-retirementOpinion 88-75
… among other things, there have been subsequent court cases or statutory amendments that bear on the issues discussed in … A city attorney who is an officer, employee, director or shareholder of a law firm which is a profit corporation … the firm and the city if the city attorney has the power or duty to negotiate, prepare, authorize or approve the …
https://www.osc.ny.gov/legal-opinions/opinion-88-75Full- and Part-Time Service Credit – Article 14 Benefits
… employer, we calculate your retirement service credit by subtracting your beginning date of employment from the date you actually leave paid … basis; and You earn at least the annual equivalent of New York State’s annual minimum wage for your full career …
https://www.osc.ny.gov/retirement/publications/1644/full-and-part-time-service-creditImportant Filing Reminders – Enhanced Reporting
… use adjustments when reporting either through Retirement Online or by paper form …
https://www.osc.ny.gov/retirement/employers/enhanced-reporting/important-filing-remindersAlternate Contribution Stabilization Program
… Pay, in full, all outstanding amortizations plus interest; and Submit a Termination Request form. (Return to Top) Program Participation and Withdrawal This program is closed to new entrants. … To withdraw from the program, an authorized person from your organization — either the CEO or CFO, or a person …
https://www.osc.ny.gov/retirement/employers/alternate-contribution-stabilization-programClaims for Multiple Owners
… than one owner associated with it, which will be indicated in the Item Details section. You can submit a claim if: … to continue to Step 2 and then select the Mail-in Claim Form link. Complete the information requested on the Mail-in … the grantor is living and the power of attorney remains in full force and effect. If there is a death, divorce or other …
https://www.osc.ny.gov/unclaimed-funds/claimants/claims-multiple-ownersTier 2, 3, 5 and 6 Death Benefits – Career Plan
… by 3 percent each year you continue to be in service. It will not be reduced below 70 percent of the original …
https://www.osc.ny.gov/retirement/publications/1642/tier-2-3-5-and-6-death-benefits