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The Age 60 Plan – Basic Plan with Increased-Take-Home-Pay (ITHP)
Basic Plan with Increased TakeHome Pay information for PFRS Tier 1 2 3 Article 11 5 and 6 members under Sections 370a 371a and 375 The Age 60 Plan
https://www.osc.ny.gov/retirement/publications/1511/age-60-planCredit for Previous or Military Service – Basic Plan with Increased-Take-Home-Pay (ITHP)
… of your Certificate of Release or Discharge from Active Duty (DD-214) . Service From a Previous Membership If you …
https://www.osc.ny.gov/retirement/publications/1511/credit-previous-or-military-serviceThe Age 55 Plan – Basic Plan with Increased-Take-Home-Pay (ITHP)
… service credit under this plan earned after July 1, 1973. If you are a Tier 2, 3, 5 or 6 member with five or more years … of 55 and 62 with a reduced benefit. 1 Regardless of tier, if you work for an employer that offers a special retirement … first day of the month following your 70th birthday, even if you have not elected the special plan. The Benefit If you …
https://www.osc.ny.gov/retirement/publications/1511/age-55-planService Retirement Benefit – State Police Plan
… State Police officers must retire by the last day of the year in which their 60th birthday occurs. You must file an … of your FAE; plus 1.66 percent of your FAE for each year of creditable service beyond 20 years. The benefit for …
https://www.osc.ny.gov/retirement/publications/1518/service-retirement-benefitCredit for Military or Additional Service – State Police Plan
… You may be able to receive credit toward your retirement benefit for military … us . For military service requests, attach/include a copy of your Certificate of Release or Discharge from Active Duty … Homepage, go to the ‘My Account Summary’ area and click “Reinstate a Previous Membership.” You can also apply by mail …
https://www.osc.ny.gov/retirement/publications/1518/credit-military-or-additional-serviceCredit for Military or Additional Service – Special 20- and 25-Year Plans
… toward disability or death benefits. Also, if you are in a tier or retirement plan that is not required to make … less expensive than if you wait to purchase at a later date; We can process your retirement benefit more quickly if … sooner. For all requests, you must apply before your date of retirement. If you are requesting additional service …
https://www.osc.ny.gov/retirement/publications/1517/credit-military-or-additional-serviceOrdinary Disability – Article 14 Benefits
… of your FAS for each year of credited service, up to 25 years. It is reduced by 100 percent of any Workers’ Compensation benefit payable and …
https://www.osc.ny.gov/retirement/publications/1644/ordinary-disabilityCredit for Previous or Military Service – Regional State Park Police Plan
… You may be able to obtain credit for your previous public employment or military service. It … Before Your Date of Membership You may receive credit for working for a participating employer before you joined the Retirement …
https://www.osc.ny.gov/retirement/publications/1867/credit-previous-or-military-serviceCredit for Previous or Military Service – En-Con Police Officers Plan
… of your Certificate of Release or Discharge from Active Duty (DD-214) . Service From a Previous Membership If you …
https://www.osc.ny.gov/retirement/publications/1822/credit-previous-or-military-serviceService Retirement Benefit – En-Con Police Officers Plan
… You may retire at any age after completing 25 years of En-Con police service, or you may qualify for a service … as an En-Con police officer. The Benefit With 25 years of creditable service, your benefit will equal 1/50th (2 percent) of your FAS for each year of En-Con police service. For each …
https://www.osc.ny.gov/retirement/publications/1822/service-retirement-benefitTransferring or Terminating Your Membership
… is covered by the other retirement system; You are on the payroll in a job that is covered by NYSLRS; and You submit a …
https://www.osc.ny.gov/retirement/members/transferring-or-terminating-your-membershipState Agencies Bulletin No. 1165
… BU21 Deficit Reduction Plan. Affected Employees Employees in Bargaining Unit 21 Effective Date(s) Immediately … WRK ADJ” report. The adjustment represents a reduction in the days worked for the 2011-2012 fiscal year. Agency … to the various tiers, if there are no other reduction in days reported (i.e. lost time), there will be no impact on …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1165-2011-2012-days-worked-adjustment-bargaining-unit-21Accidental Disability – Article 14 Benefits
… disability retirement benefit if: You are unable to perform your duties because of a permanent physical or … benefit. The Benefit This benefit is a pension equal to one-half (50 percent) of your FAS and is reduced by 100 … reduction begins at age 62. The benefit is also subject to full escalation. Learn more about escalation. Filing You, …
https://www.osc.ny.gov/retirement/publications/1644/accidental-disabilityEligibility, the Benefit and Filing – Police and Fire Plan
… Tier 2 and 3 Members: You must have at least five years of service credit after July 1, 1973. You are eligible to … Tier 5 and 6 Members: You must have at least five years of service credit. You are eligible to retire with full … a reduced benefit between ages 55 and 62. 1 Regardless of tier, if you work for an employer that offers a special …
https://www.osc.ny.gov/retirement/publications/1512/eligibility-benefit-and-filingService Retirement Benefit – Regional State Park Police Plan
… years as a regional state park police officer. The Benefit With 25 years of creditable service, your retirement benefit … for Service Retirement (RS6037) must be on file with the Office of the State Comptroller at least 15 days but …
https://www.osc.ny.gov/retirement/publications/1867/service-retirement-benefitMember Contributions
… to contribute. What You Need to Do Beginning April 1 In March, we notify you when member contribution rates for the … John Smith, who joined NYSLRS with a date of membership of June 1, 2022 (John is in Tier 6). At enrollment, you provided … John Smith does not have reported earnings for SFY 2021–22. John’s contribution rate is still based on the …
https://www.osc.ny.gov/retirement/employers/member-contributionsContributing Toward Your Retirement – State Police Plan
… 21(L) Election form (RS5379) , and submit it to your payroll office. If you withdraw these contributions before …
https://www.osc.ny.gov/retirement/publications/1518/contributing-toward-your-retirementEligibility, the Benefit and Filing – New Career Plan
… Tier 2 and 3 Members: You must have at least five years of service credit after July 1, 1973. You are eligible to … Tier 5 and 6 Members: You must have at least five years of service credit. You are eligible to retire with full … a reduced benefit between ages 55 and 62. 1 Regardless of tier, if you work for an employer that offers a special …
https://www.osc.ny.gov/retirement/publications/1515/eligibility-benefit-and-filingEligibility, the Benefit and Filing – Non-Contributory Plan with Guaranteed Benefits
… 1 Members: You are eligible to retire at age 55. Tier 2 and 3 Members: You must have at least five years of service credit after July 1, 1973. You are eligible to … complete two years of service before you can retire under the benefits of this plan. Regardless of tier, if you work …
https://www.osc.ny.gov/retirement/publications/1513/eligibility-benefit-and-filingPreparing for Retirement
… payment may be adjusted after we receive and process final payroll information, such as eligible lump sum payments or …
https://www.osc.ny.gov/retirement/members/preparing-retirement