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Vested Retirement Benefit – Career Plan
… Eligibility You are eligible for a vested retirement benefit if you leave public … your last public employment determine the vested benefit. For an explanation of your benefit, please refer to the … Benefit section . The vested retirement benefit is payable for your lifetime. You may elect one of several payment …
https://www.osc.ny.gov/retirement/publications/1642/vested-retirement-benefitAvailable Options – Non-Contributory Plan with Guaranteed Benefits
… It provides the maximum benefit payment to you each month for the rest of your life. Under this selection, all payments … option will provide you with a reduced monthly benefit for your lifetime. At your death, the unpaid balance of your … option will provide you with a reduced monthly benefit for your lifetime. It guarantees that if you die before …
https://www.osc.ny.gov/retirement/publications/1513/available-optionsBecoming a Participating Employer – What Every Employer Should Know
… 430 of the Retirement and Social Security Law [RSSL]), for consideration by your governing body. If you decide to … NYSLRS, including enrolling members and reporting their salary and service to us. Once an employer becomes a … deficiency depends on your employees’ years of service, salary and age at the time you become a participating …
https://www.osc.ny.gov/retirement/employers/partnership/becoming-participating-employerAccidental Disability – Career Plan
… Eligibility Regardless of the amount of service credit you may have, if you become permanently … to perform your job as the natural and proximate result of an on-the-job accident not due to your own willful …
https://www.osc.ny.gov/retirement/publications/1642/accidental-disabilityOrdinary Disability (Section 362) – Career Plan
… ten or more years of service credit, you may be eligible for an ordinary disability retirement benefit. The Benefit If … equal to the greater of: 1/60th (1.66 percent) of your FAS for each year of credited service; or 1/60th (1.66 percent) of your FAS for each year of credited service, plus 1/60th of your FAS …
https://www.osc.ny.gov/retirement/publications/1642/ordinary-disability-section-362Challenging a Determination – New Career Plan
… call us at 1-866-805-0990 or 518-474-7736 in the Albany, New York area. … New Career Plan information for PFRS Tier 1 2 3 Article 11 5 …
https://www.osc.ny.gov/retirement/publications/1515/challenging-determinationEnding Your Membership – Career Plan
… Once you join, there are five ways your membership can end: If you do not have at least five years of credited service and seven years have elapsed since you last worked for a participating public employer; 1 If you …
https://www.osc.ny.gov/retirement/publications/1642/ending-your-membershipChallenging a Determination – Non-Contributory Plan with Guaranteed Benefits
… denied or improperly calculated, you may request a hearing and redetermination to be held before an independent hearing officer. Your request must be in writing and directed to the Hearing Administration Bureau within four months of the …
https://www.osc.ny.gov/retirement/publications/1513/challenging-determinationTier Status – New Career Plan
… their retirement plan election. There is no Tier 4 in the New York State and Local Police and Fire Retirement System. … New Career Plan information for PFRS Tier 1 2 3 Article 11 5 …
https://www.osc.ny.gov/retirement/publications/1515/tier-statusMandatory vs. Optional Membership
If you are a permanent fulltime employee of a participating employer you are a mandatory NYSLRS member Other employees have the right to join
https://www.osc.ny.gov/retirement/members/mandatory-vs-optional-membershipMember Contributions – Legacy Reporting
… contributions made by Tier 1 and 2 members participating in a contributory plan; Contributions for military service … of the Internal Revenue Code (IRC). Federal income tax on these contributions is deferred until they are … is mandatory for all employers, for ERS members in Tiers 3 through 6, and is not available to all Tier 1 and …
https://www.osc.ny.gov/retirement/employers/legacy-reporting/member-contributionsEarnings Limits
… member contributions from earnings above the limit. For Members Who Joined NYSLRS On or After April 1, 1996 … pension benefits. The amount cannot exceed the Governor’s salary. Refer to the table below for the maximum amount of … year (April 1 – March 31). When the Governor's salary increases at the beginning of a calendar year, the earnings …
https://www.osc.ny.gov/retirement/members/earnings-limitsRetiree Annual Statement
… provides a year-end summary of your pension payments for the last calendar year, including the total amount you … in your Statement. The dollar amounts are year-end totals for the previous calendar year. NYSLRS ID # This … the cost-of-living index and a formula set by State law. For information about COLA eligibility and how it’s …
https://www.osc.ny.gov/retirement/retirees/retiree-annual-statementLife Changes: What If I Leave Public Employment?
… The new job usually brings great expectations and hope for the future, but change can also be stressful. In fact, … can apply for and receive a pension benefit based on your salary and service while you were working for your NYSLRS … calculator in Retirement Online . The calculator uses your salary and service credit information to create an estimate. …
https://www.osc.ny.gov/retirement/publications/life-changes-what-if-i-leave-public-employmentOversight of the Farm-to-School Program (2020-S-9) 180-Day Response
To determine if the Department of Agriculture and Markets is adequately overseeing the Farm-to-School Program to ensure funds are used as intended and program goals are achieved.
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2022-20s9-response.pdfOversight of the Farm-to-School Program (2020-S-9)
To determine if the Department of Agriculture and Markets is adequately overseeing the Farm-to-School Program to ensure funds are used as intended and program goals are achieved.
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2021-20s9.pdfDryden Central School District – Information Technology (2020M-106)
Determine whether the Dryden Central School District’s (District) Board of Education (Board) and District officials adequately safeguarded personal, private and sensitive information (PPSI) from abuse or loss.
https://www.osc.ny.gov/files/local-government/audits/2021/pdf/dryden-2020-106.pdfCopiague Fire – Mechanic Shop Operations (2021M-93)
Determine whether the Copiague Fire District (District) Board of Fire Commissioners (Board) and District officials adequately monitored the mechanic shop’s (Shop’s) financial condition and safeguarded District assets.
https://www.osc.ny.gov/files/local-government/audits/2022/pdf/copiague-2021-93.pdfRestitution Payments (2021-MS-2)
Determine whether County Probation Department (Department) officials enforced restitution orders, notified the court when a probationer violated the court order and disbursed victim restitution payments promptly and appropriately.
https://www.osc.ny.gov/files/local-government/audits/2021/pdf/restitution-payments-2021-ms-2.pdfUnclaimed Public Assistance
Sections 152-b and 360 of New York’s Social Services Law provide that any surplus funds remaining after the recovery of cost for public assistance and care shal
https://www.osc.ny.gov/files/unclaimed-funds/reporters/pdf/public-assistance.pdf