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Borrowing Against Your Contributions – Regional State Park Police Plan
… against your contributions: You must be in active service and have one year of member service credit. You repay … would be. How Much You Can Borrow The minimum loan is $25. The maximum loan is 75 percent of your annuity … You can also see how much you are eligible to borrow, what the repayment amount would be and if your loan will be …
https://www.osc.ny.gov/retirement/publications/1867/borrowing-against-your-contributionsIRS Pension Limitation – Regional State Park Police Plan
… amount is set by federal law and is periodically adjusted for inflation. … Regional State Park Police Plan information for PFRS Tier 1 2 3 5 and 6 members covered by Section383a …
https://www.osc.ny.gov/retirement/publications/1867/irs-pension-limitationAvailable Options – Regional State Park Police Plan
… initial value will be paid to your beneficiary or estate in a lump sum. “Initial value” is an actuarial term for the … you will receive your initial value amount and more in your monthly retirement benefit. However, if you die after … depending upon which option you elect, payments in the same amount you were receiving (without COLA) will be …
https://www.osc.ny.gov/retirement/publications/1867/available-optionsLimitations – Regional State Park Police Plan
… from the computation of your FAS. Also, payment for up to 30 days of accumulated unused vacation will be included in … of overtime that can be included in your FAS is limited to 15 percent of your salary in any given year. Tier 6 If the … the Governor’s annual salary is excluded (please refer to our Overtime and Earnings Limits for Tier 6 page for more …
https://www.osc.ny.gov/retirement/publications/1867/limitationsOverview – Regional State Park Police Plan
… Your pension is based on your years of credited service and your final average salary (FAS). For Tier 1, 2, 3 and 5 members, FAS is the average of the wages you earned during any 36 consecutive months of …
https://www.osc.ny.gov/retirement/publications/1867/overviewAdditional Service Credit for Sick Leave (Section 341[j]) – Regional State Park Police Plan
… Social Security Law (RSSL), you may receive service credit for your unused, unpaid sick leave days at retirement. To be eligible for this benefit, you must retire directly from public … sick leave days (which cannot exceed 165) by 260. Credit for your unused sick leave at retirement cannot be used to: …
https://www.osc.ny.gov/retirement/publications/1867/additional-service-credit-sick-leave-section-341jApplying for Previous or Military Service Credit – Regional State Park Police Plan
… To receive credit for any type of previous or military service, send a … you wait to purchase it at a later date. Your retirement benefit will be processed more quickly if your service credit … credit to establish eligibility for a vested retirement benefit, you must request this credit while you are on the …
https://www.osc.ny.gov/retirement/publications/1867/applying-previous-or-military-service-creditCredit for Previous or Military Service – Regional State Park Police Plan
… able to obtain credit for your previous public employment or military service. It is very important that you claim all … records documenting your previous service may be lost or destroyed with the passage of time. Please note that … Service You may be able to receive credit for some or all of your military service. To determine your …
https://www.osc.ny.gov/retirement/publications/1867/credit-previous-or-military-serviceCreditable Service – Regional State Park Police Plan
… military service or service you earned as an officer of the New York State Police may also be creditable toward the 25 years required for service retirement eligibility. … those mentioned will count toward your vested, disability and death benefits but not toward your 25-year service …
https://www.osc.ny.gov/retirement/publications/1867/creditable-serviceLeaves of Absence – Regional State Park Police Plan
… without pay; Authorized, unpaid medical leaves of absence; or Unpaid leave under the federal Family and Medical Leave …
https://www.osc.ny.gov/retirement/publications/1867/leaves-absenceEnding Your Membership – New Career Plan
… If you do not have at least five years of credited service and seven years have elapsed since you last worked in … 1 If you are not vested, leave public employment and voluntarily withdraw your membership ; If you transfer … officer or employee with an employer that participates in the New York State and Local Retirement System. 1 Updated …
https://www.osc.ny.gov/retirement/publications/1515/ending-your-membershipVested Retirement Benefit – New Career Plan
… employment before retirement age and you have five years of credited service. When you reach retirement age, you will … provisions of the retirement plan that you were covered by in your last public employment determine the vested benefit. … and wish to receive your benefit. 1 Updated 10/22 … New Career Plan information for PFRS Tier 1 2 3 Article 11 5 …
https://www.osc.ny.gov/retirement/publications/1515/vested-retirement-benefitEnding Your Membership – Regional State Park Police Plan
… have elapsed since you last worked for a participating public employer; 1 If you are not vested, leave public employment and voluntarily withdraw your membership ; … If you transfer your membership to another New York State public retirement system; If you retire; or If you die. …
https://www.osc.ny.gov/retirement/publications/1867/ending-your-membershipBecoming Eligible for a Benefit – Regional State Park Police Plan
… the right to receive a retirement benefit, even if you leave public employment. 1 Tier 1, 2, 3 and 5 members who are …
https://www.osc.ny.gov/retirement/publications/1867/becoming-eligible-benefitContributing Toward Your Retirement – Regional State Park Police Plan
… your retirement benefits, but may elect to make voluntary annuity savings contributions to the Retirement System. These … provide you with an annuity, in addition to your regular service retirement benefits, when you retire. Tier 5 Members … retirement benefits until you retire or have 32 years of service credit, whichever occurs first. These mandatory …
https://www.osc.ny.gov/retirement/publications/1867/contributing-toward-your-retirementTier Status – Regional State Park Police Plan
… When you join the Retirement System, you are assigned to a tier depending on your date of membership. You are in: … July 1, 2009 through January 8, 2010, and did not elect to be covered by Article 22 (i.e., did not opt into Tier 5) …
https://www.osc.ny.gov/retirement/publications/1867/tier-statusRetirement System Membership – Regional State Park Police Plan
… Police officers and paid firefighters working for employers that participate in the New York State and … automatic. … Regional State Park Police Plan information for PFRS Tier 1 2 3 5 and 6 members covered by Section383a …
https://www.osc.ny.gov/retirement/publications/1867/retirement-system-membershipStay Informed – Regional State Park Police Plan
… address changes. This is especially important if you leave public employment before you are eligible to retire. …
https://www.osc.ny.gov/retirement/publications/1867/stay-informedReceiving Your Benefits – Regional State Park Police Plan
… State Park Police Plan information for PFRS Tier 1 2 3 5 and 6 members covered by Section383a Covers pension disability and death benefits …
https://www.osc.ny.gov/retirement/publications/1867/receiving-your-benefitsWorld Trade Center Presumption – Regional State Park Police Plan
… by a participating employer of NYSLRS or another New York public retirement system at that time, you should be aware of …
https://www.osc.ny.gov/retirement/publications/1867/world-trade-center-presumption