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Performance of Duty Disability – New Career Plan
… retirement benefit within one year following the alleged incident or occurrence. Otherwise, you must have filed a written notice of the incident or occurrence with: The Retirement System within 90 … Filing You, your employer or someone authorized with your power of attorney may file your application for performance …
https://www.osc.ny.gov/retirement/publications/1515/performance-duty-disabilityOrdinary Disability (Section 362) – New Career Plan
… If you are unable to perform your duties because of permanent physical or mental incapacity, and have ten or more years of service credit, you may be eligible for an ordinary … If approved, this is a benefit equal to the greater of: 1/60th (1.66 percent) of your FAS for each year of …
https://www.osc.ny.gov/retirement/publications/1515/ordinary-disability-section-362Borrowing Against Your Contributions – New Career Plan
… or disability). The loan application provides examples of how much your reduction would be. How Much You Can Borrow The … complete payment within five years from the date the loan was issued. You retire or withdraw from NYSLRS and have one …
https://www.osc.ny.gov/retirement/publications/1515/borrowing-against-your-contributionsRetiring Before Age 62 – New Career Plan
… below: Age at Retirement Percentage of Reduction 55 27 56 24 57 21 58 18 59 15 60 12 61 6 62 0 …
https://www.osc.ny.gov/retirement/publications/1515/retiring-age-62Challenging a Determination – Career Plan
… to the Hearing Administration Bureau within four months of the determination. We will send you an acknowledgment letter with an explanation of the hearing process when we receive your written request. …
https://www.osc.ny.gov/retirement/publications/1642/challenging-determinationEnding Your Membership – Career Plan
… service and seven years have elapsed since you last worked for a participating public employer; 1 If you are not vested, … Career Plan for PFRS Tier 1 2 3 Article 11 5 and 6 members covered by …
https://www.osc.ny.gov/retirement/publications/1642/ending-your-membershipDivorce – Non-Contributory Plan with Guaranteed Benefits
… The New York State Court of Appeals has determined that retirement benefits are … distribution. “Equitable distribution” is the division of marital assets between spouses after the marriage has ended. The division must be stated in the form of a Domestic Relations Order (DRO) if we are to pay a …
https://www.osc.ny.gov/retirement/publications/1513/divorceContributing Toward Your Retirement – New Career Plan
… a Tier 5 member, you are required to contribute 3 percent of your reportable earnings toward your retirement benefits until you retire or have 32 years of service credit, whichever occurs first. These mandatory … on January 9, 2010, and is still in effect on the date of membership, may not contribute. Tier 6 Members As a Tier 6 …
https://www.osc.ny.gov/retirement/publications/1515/contributing-toward-your-retirementStay Informed – New Career Plan
… to retire. Subscribe to our blog, New York Retirement News , where you’ll find tools to help you understand your benefits, as well as important retirement news. Like us on Facebook and follow us on Twitter for quick … updates on a variety of retirement topics. Sign up for E-News , our email newsletter, for the latest NYSLRS news and …
https://www.osc.ny.gov/retirement/publications/1515/stay-informedRetiring Before Age 62 – Non-Contributory Plan with Guaranteed Benefits
… Benefits information for PFRS Tier 1 2 3 Article 11 5 and 6 members under Section 375e Retiring Before Age 62 …
https://www.osc.ny.gov/retirement/publications/1513/retiring-age-62Eligibility, the Benefit and Filing – Non-Contributory Plan with Guaranteed Benefits
… credit after July 1, 1973. You are eligible to retire with full benefits at age 62, or may choose early retirement with a reduced benefit between ages 55 and 62. Tier 5 and 6 … with a reduced benefit between ages 55 and 62. 1 For all tiers, if you recently changed employers, you may be …
https://www.osc.ny.gov/retirement/publications/1513/eligibility-benefit-and-filingAbout Your Membership – 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/about-your-membershipA Message From Comptroller Thomas P. DiNapoli – En-Con Police Officers Plan
… As a member of the Retirement System, you are covered by a plan that … important benefits. This publication explains some of the benefits and services available to you as a member of our system, including: Benefits you will receive at …
https://www.osc.ny.gov/retirement/publications/1822/message-comptroller-thomas-p-dinapoliEn-Con Police Officers Plan – 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/1822Leaves of Absence – En-Con Police Officers Plan
… full credit for sick leave at half pay; Tier 2, 3, 5 and 6 members receive half credit for sick leave at half pay. … of absence; or Unpaid leave under the federal Family and Medical Leave Act. You will usually receive up to one … Police Officers Plan information for PFRS Tier 1 2 3 5 and 6 members covered by Section 383b Covers pension …
https://www.osc.ny.gov/retirement/publications/1822/leaves-absenceFull- and Part-Time Service Credit – En-Con Police Officers Plan
… 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/full-and-part-time-service-creditDivorce – En-Con Police Officers Plan
… The New York State Court of Appeals has determined that retirement benefits are … distribution. “Equitable distribution” is the division of marital assets between spouses after the marriage has ended. This division must be stated in the form of a Domestic Relations Order (DRO) if we are to pay a …
https://www.osc.ny.gov/retirement/publications/1822/divorceCost-of-Living Adjustment – En-Con Police Officers Plan
… the eligibility requirements, including age and number of years retired, your retirement benefit will permanently … subject to pension caps and limitations, is 50 percent of the previous year’s annual rate of inflation, but never less than 1 percent or more than 3 …
https://www.osc.ny.gov/retirement/publications/1822/cost-living-adjustmentBorrowing Against Your Contributions – En-Con Police Officers Plan
… You must be in active service and have one year of member service credit. You repay each outstanding loan … you retire with an outstanding loan, the annuity portion of your retirement benefit will be permanently reduced . You cannot pay off your loan once you retire. The amount of your annuity reduction will be based on your age, the loan …
https://www.osc.ny.gov/retirement/publications/1822/borrowing-against-your-contributionsIRS Pension Limitation – En-Con Police Officers Plan
… Internal Revenue Code Section 401(a)(17) limits the amount of salary that qualified pension plans, including the New … and Local Retirement System, may use in the calculation of benefits. It affects members who first join on or after …
https://www.osc.ny.gov/retirement/publications/1822/irs-pension-limitation