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Cost-Saving Ideas: Managing Workers' Compensation Costs

… a mandatory benefit. Local governments can get insurance for workers’ compensation in one of four ways: Purchase a … on various factors such as employee wages, level of risk for each job classification and your experience rating. You … different categories of risk, you could be paying more in premiums than is warranted. If your local government …

Service Credit Purchase Payments – Legacy Reporting

… payroll deductions. The easiest way for members to manage and make additional payments is through their Retirement … by the amount of each deduction taken. For Social Security and State and local income taxes, use the full earnings before the … including their earnings the number of days they worked and more …

Pension Payment Calendar

… (indicated by a D on the schedule below) Your pension payment will be deposited directly into your bank account on … if you change financial institutions or want your payment to go into a different account at the same bank. … (indicated by an M on the schedule below) Your pension payment check will be mailed on the second-to-last business …

Employer Education Seminars

NYSLRS employers can schedule training seminars for benefit and reporting staff who work with NYSLRS as well as preretirement presentations for their members

Additional Benefits after 20 Years (Sections 384-e and 384-e [b]) – Special 20- and 25-Year Plans

… you are automatically covered. If your employer chooses to adopt the benefits for a limited period of time, and you … be eligible for them. Note: This benefit is not available to Tier 3 members. The Section 384-e Benefit This provides an …

Oil Spill Fund

… Oil Spill Fund protects our air, soil and water supplies from toxic petroleum spills. Although the Oil Spill Fund … losses when the spiller won’t; and seek reimbursement from spillers for oil spill cleanup costs. Oil Spill Hotline … The Oil Spill Fund protects our air soil and water supplies from toxic petroleum spills …

Contributions – Special 20- and 25-Year Plans

… in the Section 383-e plan are required to contribute. For Tier 5 and 6 members in this plan, the contribution rate … mandatory contributions and will not provide an additional annuity when you retire. The contribution rate in the Section … than contribution rates for Tier 5 and 6 members in other retirement plans—see chart below. Comparison: In other PFRS …

Full- and Part-Time Service Credit – Police and Fire Plan

… Employment If you join the Retirement System on the day you begin employment with a participating employer and you work on a full-time, continuous basis, we calculate …

Full- and Part-Time Service Credit – Basic Plan with Increased-Take-Home-Pay (ITHP)

… Full-Time Employment If you join the Retirement System on the day you begin employment with a participating employer and you work on a full-time, continuous basis, we calculate your …

Full- and Part-Time Service Credit – Career Plan

… Full-Time Employment If you join the Retirement System on the day you begin employment with a participating employer and you work on a full-time, continuous basis, we calculate …

Full- and Part-Time Service Credit – New Career Plan

… Employment If you join the Retirement System on the day you begin employment with a participating employer and you work on a full-time, continuous basis, we calculate … Part-Time Employment Service credit may be prorated for Tier 1 members employed on a less than full-time basis. …

Full- and Part-Time Service Credit – Non-Contributory Plan with Guaranteed Benefits

… Employment If you join the Retirement System on the day you begin employment with a participating employer and you work on a full-time, continuous basis, we calculate …

Full- and Part-Time Service Credit – Forest Rangers Plan

… the day you begin employment with a participating employer and you work on a full-time, continuous basis, we calculate … employed on a less than full-time basis. For Tier 2, 3, 5 and 6 members, part-time employment is credited as the lesser … hourly minimum wage × 2,000) Employers report days worked and salary to us. …

Estimated Invoice

… purposes and approximates your final annual invoice. If you have the Billing Security Role, we notify you when your … invoice is available in Retirement Online . Please do not send payment for your estimated invoice. You will … Security Administrator assigns this role to contacts who need to view billing information.   (Return to Top) …

Tier Status – Police and Fire Plan

… When you join the Retirement System, you are assigned to a tier depending on your date of membership. You are in: If you joined: Tier 1 Before July 31, 1973 Tier 2 July 31, 1973 through June … 30, 2009 Tier 3 July 1, 2009 through January 8, 2010* Tier 5 January 9, 2010 through March 31, 2012 Tier 6 April 1, 2012 …

Tier Status – Basic Plan with Increased-Take-Home-Pay (ITHP)

… 11 5 and 6 members under Sections 370a 371a and 375 Tier Status …

Retroactive Service Credit Due to Litigation, Settlements, and Arbitration Awards – Enhanced Reporting

… in the payment of retroactive salary. If you would like legal documents intended to grant retroactive service credit reviewed, contact OSC’s Legal Department at 518-473-5880. To adjust a member’s … send our Member and Employer Services Bureau a copy of the legal document for review. You will be charged for the …

Retroactive Service Credit due to Litigation, Settlements, and Arbitration Awards – Legacy Reporting

… intended to grant retroactive service credit reviewed, contact OSC’s Legal Department at 518-473-5880. 1 To adjust a …

Your Membership Tier – State Police Plan

… join PFRS, you are assigned a tier depending on your date of membership. You are in: If you joined: Tier 1 Before July … publication describing those benefits on our website. As of March 31, 2015, there are no active Tier 1 members …

Tier Status – Career Plan