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Accidental Death Benefit – En-Con Police Officers Plan
… in this order: First, to your surviving spouse, for life; Second, where there is no surviving spouse or in … surviving spouse or minor children, to a dependent parent for life. If all the beneficiaries listed above become ineligible for benefit payments, and the payments made to that time do …
https://www.osc.ny.gov/retirement/publications/1822/accidental-death-benefitAlternative and Out-of-Service Death Benefits – En-Con Police Officers Plan
… Alternative Death Benefit If you die while in service after having become eligible to retire, an …
https://www.osc.ny.gov/retirement/publications/1822/alternative-and-out-service-death-benefitsOrdinary Death Benefit – En-Con Police Officers Plan
… Workers’ Compensation or other employer-funded benefits, for up to two years (which may be extended for an additional two years) following the last date you were … your beneficiary. … EnCon Police Officers Plan information for PFRS Tier 1 2 3 5 and 6 members covered by Section 383b …
https://www.osc.ny.gov/retirement/publications/1822/ordinary-death-benefitStay Informed – Non-Contributory Plan with Guaranteed Benefits
… Your retirement benefits are an important part of a solid financial plan. They can help you and your … achieve financial security in retirement or in the event of disability or death. Use these tips to help you understand … cases, you’ll be able to use Retirement Online instead of mailing forms or calling NYSLRS. Members can view benefit …
https://www.osc.ny.gov/retirement/publications/1513/stay-informedAccidental Disability – En-Con Police Officers Plan
… of this disease), tuberculosis or hepatitis after contact with members of the public. Notice of Accident To be … equal to three-quarters (75 percent) of your FAS, plus an annuity provided by any annuity savings contributions you made while in service. You …
https://www.osc.ny.gov/retirement/publications/1822/accidental-disabilityPerformance of Duty Disability – En-Con Police Officers Plan
… Eligibility You may be entitled to a performance of duty disability benefit if you are found permanently disabled as a … (Chapter 437 of the Laws of 2016). If you are applying for disability benefits due to heart disease, your application … you must file an application for a performance of duty disability retirement benefit within one year following the …
https://www.osc.ny.gov/retirement/publications/1822/performance-duty-disabilityEn-Con Police Disability – En-Con Police Officers Plan
… Eligibility You would be entitled to this disability benefit if, at the time of filing, you are: Under … your duties as the natural and proximate result of a disability sustained in service, not caused by your own … negligence, regardless of your years of service. (For a disability not sustained in service, you must have at least …
https://www.osc.ny.gov/retirement/publications/1822/en-con-police-disabilityOrdinary Disability – En-Con Police Officers Plan
… 1997, only the performance of duty and the En-Con police disability benefits are available. Eligibility If you are … of service credit, you may be eligible for an ordinary disability retirement benefit. The Benefit If approved, this … made. If you are 60 or older at the effective date of your disability retirement your ordinary disability benefit would …
https://www.osc.ny.gov/retirement/publications/1822/ordinary-disabilityVested Retirement Benefit – En-Con Police Officers Plan
… age, you will be entitled to a retirement benefit based on your service and salary earned when you were an active … member. 1 The date you are eligible to retire depends on your tier: Tiers 1 & 2 — the first of the month following … become eligible, your vested retirement will be effective on the date the application is received. Remember, it is up …
https://www.osc.ny.gov/retirement/publications/1822/vested-retirement-benefitItems That May Affect Your Pension – En-Con Police Officers Plan
… EnCon Police Officers Plan information for PFRS Tier 1 2 3 5 and 6 members covered by Section 383b …
https://www.osc.ny.gov/retirement/publications/1822/items-may-affect-your-pensionAvailable Options – En-Con Police Officers 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/1822/available-optionsReceiving Your Benefit and Filing Your Option Election – En-Con Police Officers Plan
… Police Officers Plan information for PFRS Tier 1 2 3 5 and 6 members covered by Section 383b Covers pension disability and death benefits …
https://www.osc.ny.gov/retirement/publications/1822/receiving-your-benefit-and-filing-your-option-electionLimitations – En-Con Police Officers Plan
… excluded from the computation of your FAS. Also, payment for up to 30 days of accumulated unused vacation will be … is excluded from the computation of your FAS. Payment for accumulated vacation is not included in the calculation … is excluded from the computation of your FAS. Payment for accumulated vacation is not included in the calculation …
https://www.osc.ny.gov/retirement/publications/1822/limitationsOverview – En-Con Police Officers Plan
… of credited service and your final average salary (FAS). For Tier 1, 2, 3 and 5 members, FAS is the average of the … months of service when your earnings were highest. For Tier 6 members, it is the average of your highest 60 … in the FAS;* Holiday pay; Noncompensatory overtime earned for each year in the FAS period;* and Longevity payments …
https://www.osc.ny.gov/retirement/publications/1822/overviewVested Retirement Benefit – Police and Fire Plan
… When you reach retirement age, you will be entitled to a retirement benefit based on your service and salary … you were an active member. 1 The date you are eligible to retire depends on your tier. Tier 1 Full vested benefit as … benefit. For an explanation of your benefit, please refer to the Service Retirement Benefit section . The vested …
https://www.osc.ny.gov/retirement/publications/1512/vested-retirement-benefitCreditable Service – En-Con Police Officers Plan
EnCon Police Officers Plan information for PFRS Tier 1 2 3 5 and 6 members covered by Section 383b Covers pension disability and death benefits
https://www.osc.ny.gov/retirement/publications/1822/creditable-serviceState Agencies Bulletin No. 1712
… Training Leave Benefits and Stipends, and OSC’s process for Military Recalculations effective 01/01/2019 Affected … through 12/31/2019 in response to the continuing need for New York State employees in the National Guard and Reserves to be activated federally or by the Governor for military service related to the war on terror. The MOU’s …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1712-2019-extension-military-and-training-leave-benefits-and-stipendsPerformance of Duty Disability – New Career Plan
… performance of your duties, regardless of the amount of service you may have. Notice of Occurrence To be eligible for … be equal to one-half (50 percent) of your FAS, plus an annuity based on any annuity savings contributions you have … The application must be filed while you are still in service or within two years of your discontinuance from …
https://www.osc.ny.gov/retirement/publications/1515/performance-duty-disabilityOrdinary Disability (Section 362) – New Career Plan
… of service credit, you may be eligible for an ordinary disability retirement benefit. The Benefit If approved, this … If you are 60 or older at the effective date of your disability retirement, your ordinary disability benefit would …
https://www.osc.ny.gov/retirement/publications/1515/ordinary-disability-section-362Borrowing Against Your Contributions – New Career Plan
… loan balance at retirement. The approximate reductions are for calendar year 2017. The amount of the reduction changes … that causes your loan to exceed the federal limits for nontaxable loans. Exceeding these limits could result in significant tax consequences for you. You do not make the required payments on your loan …
https://www.osc.ny.gov/retirement/publications/1515/borrowing-against-your-contributions