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Final Average Salary – Article 14 Benefits
… on your years of credited service and your final average salary (FAS). FAS is the average of the wages you earned … In some cases, certain restrictions may apply. Regular salary; Overtime earned in the FAS period; Holiday pay; …
https://www.osc.ny.gov/retirement/publications/1644/final-average-salaryService Credit – Article 14 Benefits
… for PFRS Tier 3 members Covers pension disability and death benefits …
https://www.osc.ny.gov/retirement/publications/1644/service-creditAbout Your Membership – Article 14 Benefits
… for PFRS Tier 3 members Covers pension disability and death benefits …
https://www.osc.ny.gov/retirement/publications/1644/about-your-membershipA Message From Comptroller Thomas P. DiNapoli – Article 14 Benefits
… As a member of the Retirement System, you are covered by a plan that … important benefits. This presentation explains some of those benefits and the services available to you as a member of our system, including: Benefits you will receive at …
https://www.osc.ny.gov/retirement/publications/1644/message-comptroller-thomas-p-dinapoliAvailable Options – Article 14 Benefits
… Single Life Allowance (Option 0) This is the basic retirement benefit. It provides for the maximum benefit payment to you each month for the rest of your life. Under this … for the balance of the five- or ten-year period. You may change your beneficiary within the five- or ten-year period. …
https://www.osc.ny.gov/retirement/publications/1644/available-optionsSocial Security Adjustment – Article 14 Benefits
… 62, your pension will be reduced by one-half (50 percent) of the primary Social Security benefit — regardless of whether you are actually collecting a benefit from Social … Security. The primary Social Security benefit is the part of your Social Security benefit based on public employment in …
https://www.osc.ny.gov/retirement/publications/1644/social-security-adjustmentEscalation – Article 14 Benefits
… each April at a rate equal to the increase or decrease in the cost-of-living index or 3 percent, whichever is less. …
https://www.osc.ny.gov/retirement/publications/1644/escalationEnding Your Membership – Article 14 Benefits
… than ten years of service credit, leave public employment for at least 15 days and voluntarily withdraw your … Article 14 information for PFRS Tier 3 members Covers pension disability and death …
https://www.osc.ny.gov/retirement/publications/1644/ending-your-membershipWithdrawing Your Contributions and/or Your Membership – Article 14 Benefits
… employment with at least five, but less than ten, years of credited service, you may choose to: End your membership … you choose to withdraw, or you have less than five years of service and do not qualify for a retirement benefit, you … leave public employment. If you have at least five years of credited service, and you do not withdraw your membership, …
https://www.osc.ny.gov/retirement/publications/1644/withdrawing-your-contributions-andor-your-membershipContributing Toward Your Retirement – Article 14 Benefits
… You are required to contribute 3 percent of your gross earnings toward your retirement benefits for 25 … and Local Retirement System, and used in the calculation of all benefits paid by the Retirement System; and Calculated … to October 1, 2013 and is not retroactive. Page updated as of 11/13 …
https://www.osc.ny.gov/retirement/publications/1644/contributing-toward-your-retirementTier Status – Article 14 Benefits
… When you join the Retirement System, you are assigned to a tier depending on your date of membership. You are a Tier 3 member covered by Article 14 if you joined the Police … you did not elect to be covered by Article 22 (Tier 5) benefits and you: Elected coverage under your employer’s …
https://www.osc.ny.gov/retirement/publications/1644/tier-statusRetirement System Membership – Article 14 Benefits
… Police officers and paid firefighters working for employers that participate in the New York State and Local Police and Fire Retirement System (PFRS) must become members …
https://www.osc.ny.gov/retirement/publications/1644/retirement-system-membershipAccidental Death Benefit – Coordinated Plan for ERS Tier 6 Members
Coordinated Plan information for ERS Tier 6 members under Article 15 Accidental Death Benefit
https://www.osc.ny.gov/retirement/publications/1530/accidental-death-benefitPost-Retirement Death Benefit – Coordinated Plan for ERS Tier 6 Members
Coordinated Plan information for ERS Tier 6 members under Article 15 PostRetirement Death Benefit
https://www.osc.ny.gov/retirement/publications/1530/post-retirement-death-benefitOrdinary Death Benefit – Coordinated Plan for ERS Tier 6 Members
Coordinated Plan information for ERS Tier 6 members under Article 15 Ordinary Death Benefit
https://www.osc.ny.gov/retirement/publications/1530/ordinary-death-benefitArticle 15 Disability – Coordinated Plan for ERS Tier 6 Members
Coordinated Plan information for ERS Tier 6 members under Article 15 Article 15 Disability
https://www.osc.ny.gov/retirement/publications/1530/article-15-disabilityLeaves of Absence – Coordinated Plan for ERS Tier 6 Members
… information for ERS Tier 6 members under Article 15 Leaves of Absence …
https://www.osc.ny.gov/retirement/publications/1530/leaves-absenceEnding Your Membership – Coordinated Plan for ERS Tier 6 Members
Coordinated Plan information for ERS Tier 6 members under Article 15 Ending Your Membership
https://www.osc.ny.gov/retirement/publications/1530/ending-your-membershipRetirement System Membership – Coordinated Plan for ERS Tier 6 Members
Coordinated Plan information for ERS Tier 6 members under Article 15 Retirement System Membership
https://www.osc.ny.gov/retirement/publications/1530/retirement-system-membershipVested Retirement Benefit – Coordinated Plan for ERS Tier 6 Members
Coordinated Plan information for ERS Tier 6 members under Article 15 Vested Retirement Benefit
https://www.osc.ny.gov/retirement/publications/1530/vested-retirement-benefit