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Membership Milestones for Employees’ Retirement System (ERS) Members
… If you are in the Employees’ Retirement System (ERS), no matter … as age 55. (You will forfeit the monthly benefit if you withdraw your contributions .) With 5 years of service … higher benefit. A maximum of 30 years of service credit can be used in your pension calculation. After Retirement: …
https://www.osc.ny.gov/retirement/members/membership-milestones-employees-retirement-system-ers-membersTier 3 — Accidental Disability – Sheriffs, Undersheriffs and Deputy Sheriffs Special Plan for ERS Tier 3, 4, 5 and 6 Members
Sheriffs Undersheriffs Deputy Sheriffs Special Plan for ERS Tier 36 Article 14B Sections 551 552 553 Tier 3 Accidental Disability Article 14
https://www.osc.ny.gov/retirement/publications/1841/tier-3-accidental-disabilityTier 3 — Ordinary Disability – Sheriffs, Undersheriffs and Deputy Sheriffs Special Plan for ERS Tier 3, 4, 5 and 6 Members
Sheriffs Undersheriffs Deputy Sheriffs Special Plan for ERS Tier 36 Article 14B Sections 551 552 553 Tier 3 Ordinary Disability Article 14
https://www.osc.ny.gov/retirement/publications/1841/tier-3-ordinary-disabilityTier 1 Death Benefits – Police and Fire Plan
https://www.osc.ny.gov/retirement/publications/1512/tier-1-death-benefitsTier 1 Death Benefits – Non-Contributory Plan with Guaranteed Benefits
… Ordinary Death Benefit This benefit is equal to 1/12th (8.33 percent) of … your years of service credit, up to 36 years. Alternative Death Benefit If you die while in service after age 55, an …
https://www.osc.ny.gov/retirement/publications/1513/tier-1-death-benefitsTier 1 Death Benefits – Basic Plan with Increased-Take-Home-Pay (ITHP)
… Ordinary Death Benefit This benefit is equal to 1/12th (8.33 percent) of … of your death. This benefit frequently is larger than the ordinary death benefit. …
https://www.osc.ny.gov/retirement/publications/1511/tier-1-death-benefitsTier 1 Death Benefits – Career Plan
… benefit may be payable. This benefit would be equal to the initial value of your pension under the provisions of the Non-Contributory Retirement Plan (Section 375-c) as of …
https://www.osc.ny.gov/retirement/publications/1642/tier-1-death-benefitsTier 1 Death Benefits – New Career Plan
… benefit may be payable. This benefit would be equal to the initial value of your pension under the provisions of the Non-Contributory Retirement Plan (Section 375-c) as of …
https://www.osc.ny.gov/retirement/publications/1515/tier-1-death-benefitsState Agencies Bulletin No. 1042
… entering SRA and TDA deductions to ensure compliance with contribution limits. Background Pursuant to IRS Regulations, Section 403(b): The regular annual contribution amount will remain at $16,500 for 2011. An … in catch-up contributions in addition to their regular contribution amount for a combined total contribution limit …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1042-supplemental-retirement-annuity-sra-and-tax-deferred-annuity-tdaState Agencies Bulletin No. 1215
… entering SRA and TDA deductions to ensure compliance with contribution limits. Background Pursuant to IRS Regulations, Section 403(b): The regular annual contribution amount will increase to $17,500 for 2013. An … in catch-up contributions in addition to their regular contribution amount for a combined total contribution limit …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1215-supplemental-retirement-annuity-sra-and-tax-deferred-annuity-tdaState Agencies Bulletin No. 1114
… SUNY Tax Deferred Annuity Affected Education Department, School for the Blind and School for the Deaf Employees Deduction Code Narrative … Amount (for employees of SUNY, Education Department, School for the Blind and School for the Deaf) or the Percent …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1114-supplemental-retirement-annuity-sra-and-tax-deferred-annuity-tdaState Agencies Bulletin No. 1369
… SUNY Tax Deferred Annuity Affected Education Department, School for the Blind and School for the Deaf Employees Deduction Code Narrative … Amount (for employees of SUNY, Education Department, School for the Blind and School for the Deaf) or the Percent …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1369-supplemental-retirement-annuity-sra-and-tax-deferred-annuity-tdaState Agencies Bulletin No. 1292
… entering SRA and TDA deductions to ensure compliance with contribution limits. Background Pursuant to IRS Regulations, Section 403(b): The regular annual contribution amount will remain at $17,500 for 2014. An … in catch-up contributions in addition to their regular contribution amount for a combined total contribution limit …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1292-supplemental-retirement-annuity-sra-and-tax-deferred-annuity-tdaDiNapoli: State Pension Fund Value $206.9 Billion
… March 31, 2018. The Fund ended the year with an estimated value of $206.9 billion, which is subject to change once returns are fully audited. The Fund’s value at the end of state fiscal year 2017 was $192.4 … billion. “The New York State Common Retirement Fund’s value rose with help from strong markets through most of the …
https://www.osc.ny.gov/press/releases/2018/05/dinapoli-state-pension-fund-value-2069-billionVested Retirement Benefit – En-Con Police Officers Plan
… Eligibility You are eligible for a vested retirement benefit if you leave public employment before retirement age and have five years of credited service. When you reach retirement age, you will be entitled to a retirement benefit …
https://www.osc.ny.gov/retirement/publications/1822/vested-retirement-benefitVested Retirement Benefit – Regional State Park Police Plan
… When you reach retirement age, you will be entitled to a retirement benefit based on your service and your … you were an active member. 1 The date you are eligible to retire depends on your tier. Tiers 1 & 2 — the first of … lifetime. You may elect one of several payment options to provide for a continuing payment to a designated …
https://www.osc.ny.gov/retirement/publications/1867/vested-retirement-benefitRetiring with an Outstanding Loan – Special 20- and 25-Year Plans
… with an outstanding loan, the annuity portion of your retirement benefit will be permanently reduced . You cannot … reduction will be based on your age, your loan balance at retirement and the type of retirement (service or disability). The loan application and …
https://www.osc.ny.gov/retirement/publications/1517/retiring-outstanding-loanMore About This Retirement Plan – New Career Plan
… the benefits available to Tier 1, 2, 3, 5 and 6 Police and Fire Retirement System members covered by the New Career Plan. (There is no Tier 4 in the Police and Fire Retirement System.) These benefits are provided by … contact us . © 2012, New York State and Local Police and Fire Retirement System VO1515 (Rev. 6/12) …
https://www.osc.ny.gov/retirement/publications/1515/more-about-retirement-planReporting Workers' Compensation Benefits – Legacy Reporting
… workers’ compensation, with no salary paid by employer: Tier 1 — Report full salary that would have been paid and … for up to one year for each incident. Tiers 2 through 6 — Do not report salary or days worked. Part salary paid by … made directly to the member from workers’ compensation: Tier 1 — Report salary paid by employer, workers’ …
https://www.osc.ny.gov/retirement/employers/legacy-reporting/reporting-workers-compensation-benefitsOvertime Limits – Enhanced Reporting
… year-to-date totals if the automatic capping feature is not in effect yet. Report overtime above and below the … If you begin submitting reports using enhanced during 2025, the automatic capping feature will take effect at the …
https://www.osc.ny.gov/retirement/employers/enhanced-reporting/overtime-limits