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25-Year Benefit (Section 384) – Special 20- and 25-Year Plans

… 20- or 25-year plan; Service as a member or officer of the New York State Police; Service in the Regional State Park Police; … Benefit With at least 25 years of creditable service, your pension will be 50 percent of your FAE. If you are age 60 or …

Comparison of ERS Benefits

… comparison of Employees’ Retirement System (ERS) benefits by tier.  Tiers 3 & 4 Tier 5 Tier 6 Membership Dates Tier 3: … 3% of gross salary for all years of public service except: State Correction Officers whose contributions are limited to … years. Uniformed Court and Peace Officers (UCPOs) employed by the Unified Court System, who contribute 4% for all years …

DiNapoli: Former Old Field Treasurer Pleads Guilty in $60,000 Theft of Village Funds

… safeguarding the finances of the village but used taxpayer funds as her personal piggy bank. Working with District … able to expose this theft and recoup the stolen public funds. My office will continue to work with law enforcement …

More About This Retirement Plan – Non-Contributory Plan with Guaranteed Benefits

Cost-Saving Ideas: Reviewing Your Revenue Collection Process

… authorize payments to be made by credit card or electronic funds withdrawal through the municipal website. In addition, …

More About This Retirement Plan – Career Plan

… This retirement plan summary describes the benefits available to … are provided by Article 11, Sections 375-f and 375-g of the New York State Retirement and Social Security Law … and Local Retirement System, headed by the Comptroller of the State of New York, administers this plan. Our main …

More About This Retirement Plan – Basic Plan with Increased-Take-Home-Pay (ITHP)

… describes the benefits available to Tier 1, 2, 3, 5 and 6 Police and Fire Retirement System members covered by the Basic Retirement Plan. (There is no Tier 4 in the Police and Fire Retirement System.) These benefits are … of New York, administers this plan. Our main office is in Albany, New York. This publication is a general summary of …

Mandatory Contributions – Enhanced Reporting

… until the member retires. Note: There are some exceptions to mandatory contributions. ERS members in Tiers 3 and 4 have … correction officers in Tiers 5 and 6 are not required to contribute after 30 years of service. PFRS members in … a union-negotiated contract that required their employer to offer a non-contributory special plan.   Rev. 2/23 … Most …

Accidental Death Benefit – State Police Plan

… Eligibility If you die as the natural and proximate result of an on-the-job accident not due to … "Accident” has a specific meaning with NYSLRS disability and death benefits. We determine whether an incident is an … children until age 18, (age 23, if they are students); and Where there is no surviving spouse or minor children, to …

Accidental Death Benefit – Special 20- and 25-Year Plans

… (even if they are not your designated bene­ficiary), in this order: To your surviving spouse, for life; Where …

V.3.C Funds and Fund Accounting – V. Chart of Accounts (COA) Governance

… or meeting certain objectives in accordance with New York State law. Fund is required on all transactions. Fund is … The Trees are organized as follows: BUDGETARY BASIS FUND TREE Level 1: Total Funds Level 2: Fund Category Level 3: …

Cost-Saving Ideas: Containing Employee Health Insurance Costs

… As an employer, you should always look for ways to contain health insurance costs without cutting current benefit … Instead of continually paying premiums to an insurance company, consider self-funding a health insurance plan and … of the State Comptroller: Cost-Containment Strategies for New York State’s Local Governments Research Brief [pdf] …

More About This Retirement Plan – Police and Fire Plan

… under Article 14. The information in this publication does not apply to you. Throughout this publication, you will … York State or federal law. For specific information about your benefits, please contact us . © 2012, New York State and …

Enrolling Members – Membership and Enrollment

… Using Retirement Online Enrolling a member through Retirement Online allows you to immediately view important … and contribution rate, so deductions can begin on time. Sign in to Retirement Online . From your Account Homepage, …

Factors Affecting an Employer’s Annual Payment – What Every Employer Should Know

… Number of Employees Who Are Members Generally, the more members there are on an employer’s payroll, the higher the employer’s annual … of covered payroll. Higher salaries will increase an employer’s total bill. Retirement Plans and Options …

Service Credit – Divorce and Your Benefits

… service credit, whether purchased or given because of a State-enacted retirement incentive, may also affect the … formula for a public pension was established by the State Court of Appeals in Majauskas v. Majauskas. Service … Social Security Law [RSSL]). Members who retire under a State-enacted retirement incentive may also receive …

More About This Retirement Plan – New Career Plan

DiNapoli: Springport Town Clerk Pleads Guilty After Faking Retirement Benefits

… employee who falsifies retirement records: You are risking arrest and tarnishing your reputation," DiNapoli said. "I hope this case will deter others who attempt to defraud the …

About Statement No. 68 – Governmental Accounting Standards Board

… disclosures. You can view your GASB report in Retirement Online . For reference, here are the Schedules of Employer …

Receiving Your Benefit and Filing Your Option Election – Coordinated Plan for ERS Tier 6 Members

… … Coordinated Plan information for ERS Tier 6 members under Article 15 Receiving Your …