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Final Average Earnings
… your pension calculation — you don’t need to contact us. The new law does not apply to members who retired before … for some PFRS members who may be eligible for a One-Year FAE ). These are usually your years of employment … ÷ 2] × 1.1 = 31,350 $31,350 Year 3: $31,000 [(26,000 + 25,000) ÷ 2] × 1.1 = 28,050 $28,050 Year 4: $26,000 Year …
https://www.osc.ny.gov/retirement/members/final-average-earningsDisability Retirement Applications – When Employees Retire
… or someone authorized to file on the employee’s behalf. For example, the employee’s attorney, a power of attorney … retirement is the date the application is filed or the day after the last date the member received salary, whichever … Accidental and Performance of Duty Disability Documents Notice of Accident To qualify for an accidental disability …
https://www.osc.ny.gov/retirement/employers/when-employees-retire/disability-retirement-applicationsAdditional Benefit Information – Special 20- and 25-Year Plans
… Pension payment options Disability benefits Death benefits For information about the above, please visit: Regional State …
https://www.osc.ny.gov/retirement/members/383-e-383-f-plans/additional-benefit-informationTier Status – Basic Plan with Increased-Take-Home-Pay (ITHP)
… 11 5 and 6 members under Sections 370a 371a and 375 Tier Status …
https://www.osc.ny.gov/retirement/publications/1511/tier-statusDiNapoli: Former Old Field Treasurer Pleads Guilty in $60,000 Theft of Village Funds
… the guilty plea today in Suffolk County Court of former Old Field treasurer Andrea Brosnan to grand larceny for … office recommended more than a dozen steps the village of Old Field needed to take to strengthen its fiscal controls. …
https://www.osc.ny.gov/press/releases/2014/07/dinapoli-former-old-field-treasurer-pleads-guilty-60000-theft-village-funds25-Year Benefit (Section 384) – Special 20- and 25-Year Plans
… will receive a pension benefit of 2 percent of your FAE per year of creditable service. You will also receive 1.66 … the Office of the State Comptroller 15 – 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-384Comparison of ERS Benefits
… Contributions. Retirement Age Full benefits at age 62. Retire as early as age 55. Benefits permanently reduced for … 30 years of credited service. Full benefits at age 62. Retire as early as age 55. Benefits permanently reduced for … 30 years of creditable service. Full benefits at age 63. Retire as early as age 55. Benefits permanently reduced for …
https://www.osc.ny.gov/retirement/employers/comparison-ers-benefitsCost-Saving Ideas: Reviewing Your Revenue Collection Process
… revenue collection alternatives, using measures such as: How long does it take to process a tax or fee payment? How many total …
https://www.osc.ny.gov/local-government/publications/cost-saving-ideas-reviewing-your-revenue-collection-processMore About This Retirement Plan – Non-Contributory Plan with Guaranteed Benefits
… plan summary describes the benefits available to Tier 1, 2, 3, 5 and 6 Police and Fire Retirement System members covered by the Non-Contributory Plan. (There is no Tier 4 in the Police and Fire Retirement System.) These …
https://www.osc.ny.gov/retirement/publications/1513/more-about-retirement-planMandatory Contributions – Enhanced Reporting
… records until the member retires. Note: There are some exceptions to mandatory contributions. ERS members in Tiers 3 … toward funding future retirement benefits There are some exceptions …
https://www.osc.ny.gov/retirement/employers/enhanced-reporting/mandatory-contributionsMore About This Retirement Plan – Career Plan
… This retirement plan summary describes the benefits available to Tier 1, 2, 3, 5 and 6 Police and Fire … no Tier 4 in the Police and Fire Retirement System.) These benefits are provided by Article 11, Sections 375-f and 375-g … of the State of New York, administers this plan. Our main office is in Albany, New York. This publication is a …
https://www.osc.ny.gov/retirement/publications/1642/more-about-retirement-planMore About This Retirement Plan – Basic Plan with Increased-Take-Home-Pay (ITHP)
… of the State of New York, administers this plan. Our main office is in Albany, New York. This publication is a …
https://www.osc.ny.gov/retirement/publications/1511/more-about-retirement-planAccidental Death Benefit – State Police Plan
… Eligibility If you die as the natural and proximate result of an on-the-job accident … death benefit is a lifetime pension if paid to a surviving spouse or dependent parent. The benefit is equal to 50 … beneficiary), in this order: To your surviving spouse, for life; Where there is no surviving spouse or should he or she …
https://www.osc.ny.gov/retirement/publications/1518/accidental-death-benefitAccidental Death Benefit – Special 20- and 25-Year Plans
… Eligibility If you die as the natural and proximate result of an on-the-job accident … death benefit is a lifetime pension if paid to a surviving spouse or dependent parent. The benefit is equal to 50 … in this order: To your surviving spouse, for life; Where there is no surviving spouse or should they die, …
https://www.osc.ny.gov/retirement/publications/1517/accidental-death-benefitV.3.C Funds and Fund Accounting – V. Chart of Accounts (COA) Governance
… Detail To add or modify a Fund value, complete the COA Change Request Form which can be found on SFS Coach and submit it to [email protected] . Guide to Financial Operations REV. 04/06/2018 … Fund captures …
https://www.osc.ny.gov/state-agencies/gfo/chapter-v/v3c-funds-and-fund-accountingCost-Saving Ideas: Containing Employee Health Insurance Costs
… you should always look for ways to contain health insurance costs without cutting current benefit levels. … Other Ways to Trim Costs Wellness programs – These promote healthy habits and include health assessment and monitoring, …
https://www.osc.ny.gov/local-government/publications/cost-saving-ideas-containing-employee-health-insurance-costsMore About This Retirement Plan – Police and Fire Plan
… of New York, administers this plan. Our main office is in Albany, New York. This publication is a general summary of …
https://www.osc.ny.gov/retirement/publications/1512/more-about-retirement-planEnrolling Members – Membership and Enrollment
… Using Retirement Online Enrolling a member through Retirement Online allows you to immediately view important information, such as your … you enroll mandatory members using Retirement Online , you do not need to submit a paper membership application to …
https://www.osc.ny.gov/retirement/employers/membership-enrollment/enrolling-membersService Credit – Divorce and Your Benefits
… NYSLRS members receive service credit for all their public employment beginning with the … date they joined NYSLRS. Some members can purchase service credit for employment before they joined NYSLRS or for … service. For most members, the total amount of service credit at retirement will directly affect the amount of their …
https://www.osc.ny.gov/retirement/members/divorce/service-creditMore About This Retirement Plan – New Career Plan
… This retirement plan summary describes the benefits available … 8, 2010 are covered under Article 14. The information in this publication does not apply to you. Throughout this publication, you will find references to “Sections” and …
https://www.osc.ny.gov/retirement/publications/1515/more-about-retirement-plan